trending Market Intelligence /marketintelligence/en/news-insights/trending/GGma_zsb49cyn6jmO3wtEg2 content esgSubNav
In This List

Stifel Nicolaus & Co. upgrades QTS Realty Trust to 'buy'

CASE STUDY

Deep Market Intelligence Helps a Credit Union Craft a Successful Expansion Plan

Blog

Global M&A By the Numbers: Q1 2022

Blog

Data Stories: Data insights to help alleviate business complexity amid geopolitical risks

Blog

M&A, IPOs hit a speed bump in early 2022


Stifel Nicolaus & Co. upgrades QTS Realty Trust to 'buy'

StifelNicolaus & Co. Inc. analyst Matthew S. Heinz increased his investmentopinion of QTS Realty TrustInc. to "buy" from "hold," with a price targetof $55.

The analyst wrote in a research report: "We areupgrading QTS … our $55 target price on the shares. We believe the stock has adequatelydiscounted the negative 3Q surprise regarding its disclosure of a largecustomer churn occurring early this year, and following a reset to 2017 growthexpectations we believe the company is poised to fundamentally outperform in thecoming quarters. Moreover, we view the recent M&A activity in Dallas asbeing indicative of a positive sales funnel in the market, while bringing onadditional low cost inventory that enables QTS to maintain its strong recentleasing momentum in the DFW metro area."