Jefferies raised the firm’s price target on Digital Realty (DLR) to $193 from $190 and keeps a Buy rating on the shares, as the firm says the company had “another strong leasing quarter” despite concerns about hyperscalers slowing their investments. The results indicate that Microsoft’s (MSFT) recent slowdown in data center commitments does not apply to the entire industry, the analyst tells investors.
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- Digital Realty’s Strong Market Position and Growth Potential Drive Buy Rating
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- Digital Realty’s Strong Performance and Growth Prospects Justify Buy Rating