UPDATE: Morgan Stanley Reiterates on Digital Realty Trust on Record Leasing Activity with Strong Pricing


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


In a report published Tuesday, Morgan Stanley analyst Vance H. Edelson reiterated an Overweight rating on

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Digital Realty Trust (NYSE: DLR), but removed the $73.00 price target.In the report, Morgan Stanley noted, “Core FFO of $1.26 per share easily beat our $1.15 and the Street's $1.14, partially driven by lower financing costs and bonus accruals. Most importantly, another quarter of record leasing activity and pricing growth caps a strong year for the group fundamentally, with customer outsourcing seemingly picking up steam. Full-year Guidance was left entirely unchanged and at $4.75-4.90, suggests potential upside to consensus and may ultimately prove conservative in our view. We remain Overweight.”Digital Realty Trust closed on Monday at $54.14.
Posted In: Analyst ColorPrice TargetAnalyst RatingsMorgan StanleyVance H. Edelson