Deutsche Bank upgraded Digital Realty (DLR) to Buy from Hold with a price target of $194, up from $185. The firm says momentum remains at the company’s back, with “robust” demand along with space and power constraints that are unlikely to moderate any time soon. This creates a “highly favorable demand and pricing backdrop” for Digital Realty, the analyst tells investors in a research note. Deutsche sees enhanced visibility into the company’s future growth.
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