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June 16, 2014
07:37 EDTCONE, DLR, QTSDigital 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).
News For DLR;CONE;QTS From The Last 14 Days
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July 22, 2014
10:00 EDTDLROn The Fly: Analyst Upgrade Summary
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05:30 EDTDLRDigital Realty upgraded to Buy from Hold at Deutsche Bank
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July 9, 2014
16:21 EDTQTSQTS Realty Trust acquires Sun Times press facility for about $18M
QTS Realty Trust announced that it has completed the acquisition of the former Sun Times Press facility, a 317,000 square foot building located on 30 acres in downtown Chicago, for approximately $18M. This transaction aligns with QTS' growth strategy of purchasing strategically located, infrastructure-rich, large-scale data center facilities at a low basis. The facility is located in the heart of Chicago's high-demand downtown corridor. QTS will have a strategic location and significant capacity to provide its unique 3C product platform of custom data center, colocation and cloud and managed services. QTS has initially financed this transaction through its revolving credit facility. The transaction closed on Tuesday, July 8.

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