Alliance Global raised the firm’s price target on Digi Power X (DGXX) to $10 from $7 and keeps a Buy rating on the shares. The company announced a 10-year $1.1B contract with Cerebras Systems for the colocation of a 40 MW AI data center campus located in Columbiana, Alabama, the analyst tells investors in a research note. Alliance now expects Digi to end 2027 supplying its hardware and energy capacity to data centers totaling 60 MW for colocation and 6 MW for graphics processing unit-as-a-service.
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