Digital Realty upgraded to Buy from Hold at Jefferies Jefferies upgraded Digital Realty to Buy with a $68 price target saying limited speculative development will drive improved returned on invested capital. The firm moved the Data Center REIT space to an Overweight rating. It also has Buy ratings on CyrusOne (CONE) and QTS Realty Trust (QTS).
Digital Realty appoints Cindy Fiedelman as Chief Human Resources Officer Digital Realty Trust announced the appointment of Cindy Fiedelman as Chief Human Resources Officer. She joined the company on an interim basis in September 2015 to replace Ellen Jacobs, Senior Vice President of Corporate Services & Human Resources, who retired in Q4.
On The Fly: Analyst Initiation Summary Today's noteworthy initiations include: 8x8, Inc. (EGHT) initiated with a Buy at Summit Research... ARI Network (ARIS) initiated with an Outperform at Barrington... Alcobra (ADHD) initiated with an Outperform at Oppenheimer... CNO Financial (CNO) initiated with a Hold at Deutsche Bank... Expedia (EXPE) initiated with an Outperform at Wells Fargo... Gartner (IT) initiated with an Overweight at Atlantic Equities... MAG Silver (MVG) initiated with a Buy at Roth Capital... Mitek Systems (MITK) initiated with an Outperform at Northland... Priceline (PCLN) initiated with a Market Perform at Wells Fargo... QTS Realty Trust (QTS) initiated with a Buy at SunTrust... Seres Therapeutics (MCRB) initiated with a Buy at H.C. Wainwright.