Stifel analyst Erik Rasmussen raised the firm’s price target on Digital Realty (DLR) to $205 from $195 and keeps a Buy rating on the shares. After meeting with management at the Nareit REITworld conference, the firm continues to see the company in a strong position to deliver on expectations for accelerated growth heading into 2025. Meanwhile, favorable market fundamentals and the company’s well-positioned portfolio can support long-term sustainable growth, the analyst added.
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Read More on DLR:
- Digital Realty announces strategic integration of OVHcloud
- Digital Realty price target raised to $142 from $135 at Barclays
- Digital Realty price target raised to $202 from $168 at Truist
- Digital Realty put volume heavy and directionally bearish
- ePlus and Digital Realty launch AI experience center
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
