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Digital Realty price target raised to $205 from $190 at Raymond James

Raymond James raised the firm’s price target on Digital Realty (DLR) to $205 from $190 and keeps a Strong Buy rating on the shares. The environment for the data center business remains very healthy, with pricing and escalators outweighing increased opex and financing costs, the analyst tells investors in a research note. The firm expects power costs to remain more normalized going forward.

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