Stock Analysis | Digital Realty Trust Outlook
Market Snapshot
Takeaway: Digital Realty Trust (DLR) faces a weak technical outlook, with bearish signals dominating and an internal diagnostic score of 2.04 suggesting to avoid the stock. However, recent price trends have risen by 2.11%, creating a mismatch with analyst expectations.
News Highlights
DLR has seen a flurry of REIT-related news recently. Notably, a lawsuit alleges that Broadmark Realty Capital Inc.’s 2023 merger into Ready Capital Corp. misled investors, raising concerns over REITs’ due diligence and merger processes. Additionally, Singapore’s S-REITs are shifting to cash-backed yields, aiming to align distributions with recurring cash earnings, which could signal a broader industry trend favoring sustainability over…
