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A statement released earlier today by Zacks Investment Research about DuPont Fabros Technology, Inc. (NYSE:DFT) bumps the target price to $48.00

Only yesterday DuPont Fabros Technology, Inc. (NYSE:DFT) traded 0.40% higher at $42.42. DuPont Fabros Technology, Inc.’s 50-day average is $44.83 and its two hundred day average is $43.22. With the last stock price down 1.51% relative to the 200-day average, compared to the S&P 500 which has decreased -0.01% over the date range. Trading volume was was down over the average, with 591,288 shares of DFT changing hands under the typical 907,495 shares..

DuPont Fabros Technology, Inc. (NYSE:DFT) had its target price upped to $48 by Zacks Investment Research in a report released 9/16/2016. The latest target price indicates a potential upside of 0.13% based on the bussiness’ previous closing price.

Performance Graph:

DuPont Fabros Technology, Inc. (NYSE:DFT)

In addition to Zacks Investment Research reporting it’s stock price target, a total of 11 firms have reported on DFT. The one year target stock price is $43.77 with 0 rating the stock a strong buy, four firms rating the company a buy, 10 firms rating the stock a hold, one analyst rating the company to underperform, and finally 0 brokerages rating the company as sell.

DuPont Fabros Technology, Inc. has a one-year low of $24.88 and a one-year high of $48.97 with a price-earnings ratio of 10,643. DFT’s market capitalization is currently $0.0.

More About DuPont Fabros Technology, Inc. (NYSE:DFT)

DuPont Fabros Technology, Inc. (DFT) is a real estate investment trust (REIT). The Company is a self-administered and self-managed company that owns, acquires, develops and operates wholesale data centers. The Company’s customers outsource their applications, and include national and international enterprises across various industries, such as technology, Internet content providers, media, communications, cloud providers, healthcare and financial services. Its data centers are located in four population centers: Northern Virginia; suburban Chicago, Illinois; Piscataway, New Jersey, and Santa Clara, California. The Company owns various properties, including approximately 10 operating data centers facilities; over three phases of existing data center facilities under development; approximately two data center facilities with phases that are available for future development, and and over three parcels of land held for future development of data centers.

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