Wells Fargo raised the firm’s price target on Digital Realty (DLR) to $210 from $185 and keeps an Overweight rating on the shares. The firm remains bullish on data center stocks into 2025, with leasing remaining at record levels, market rents pushing higher and strong visibility to about 8%-10%+ AFFO/share growth in 2026-plus.
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Read More on DLR:
- Digital Realty price target raised to $205 from $195 at Stifel
- 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
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