Key Stats for Digital Realty Trust Stock
- 1-month price change for Digital Realty Trust stock: -8%
- $DLR Stock Price as of May. 18: $189
- 52-Week High: $208
- $DLR Stock Price Target: $219
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What Happened?
Deutsche Bank raised its price target on Digital Realty Trust (DLR) stock to $220, while reiterating its Buy rating. That new target implies roughly 16% upside from current levels.
Analyst Benjamin Soff pointed to surging demand for large data center leases and a growing shortage of new supply as the key reasons behind the upgrade.
The timing makes sense.
- Digital Realty just reported its…
