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HSBC Securities Upgrades Digital Realty Trust Inc (DLR) to a Hold from a Reduce

Digital Realty Trust Inc’s recently made public that its Director MANDEVILLE JEAN F H P unloaded Company’s shares for reported $90156.0 on Aug 01 ’24. In the deal valued at $150.26 per share,600 shares were sold. As a result of this transaction, MANDEVILLE JEAN F H P now holds 9,055 shares worth roughly $1.76 million.

Then, Jean F.H.P. Mandeville bought 600 shares, generating $90,156 in total proceeds.

Before that, MANDEVILLE JEAN F H P sold 3,400 shares. Digital Realty Trust Inc shares valued at $494,700 were divested by the Director at a price of $145.50 per share. As a result of the transaction, MANDEVILLE JEAN F H P now holds 8,413 shares, worth roughly $1.63 million.

HSBC Securities upgraded its Digital Realty Trust Inc [DLR] rating to a Hold from a a Reduce in a research note published on October 04, 2024; the price target was increased to $160 from $124. A number of analysts have revised their coverage, including Argus’s analysts, who decreased its forecast for the stock in early August from “a Buy” to “a Hold”. Mizuho began covering DLR with “an Outperform” recommendation on July 11, 2024. Goldman started covering the stock on July 01, 2024. It rated DLR as “a Buy”.

Price Performance Review of DLR

On Tuesday, Digital Realty Trust Inc [NYSE:DLR] saw its stock jump 0.62% to $194.02. Over the last five days, the stock has gained 3.60%. Digital Realty Trust Inc shares have risen nearly 44.17% since the year began. Nevertheless, the stocks have risen 41.16% over the past one year. While a 52-week high of $193.88 was reached on 11/26/24, a 52-week low of $130.00 was recorded on 01/05/24. SMA at 50 days reached $170.93, while 200 days put it at $152.67.

Levels Of Support And Resistance For DLR Stock

The 24-hour chart illustrates a support level at 192.04, which if violated will result in even more drops to 190.05. On the upside, there is a resistance level at 195.16. A further resistance level may holdings at 196.29. The Relative Strength Index (RSI) on the 14-day chart is 72.99, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 7.90, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 1.41%. Stochastics %K at 97.00% indicates the stock is a selling.

How much short interest is there in Digital Realty Trust Inc?

A steep rise in short interest was recorded in Digital Realty Trust Inc stocks on 2024-11-15, dropping by -1.24 million shares to a total of 6.65 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 7.88 million shares. There was a decline of -18.59%, which implies that there is a negative sentiment for the stock.

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