DLR
Jefferies says: still plenty of runway
Digital Realty Trust got another thumbs-up from Jefferies, which raised its price target to $223 from $189 and kept a Buy rating on the stock. Translation: the analysts still think this data-center landlord has more room to run, even after a year where everyone and their uncle has been talking about AI infrastructure.
But wait, there’s more than just a target hike
This wasn’t just a one-note analyst blurb. The same item says Digital Realty also posted a better-than-expected quarter, with $1.86 in EPS on $1.63 billion in revenue, topping estimates and growing revenue 13.8% from a year ago. The company also lifted its FY 2026 EPS guidance to 7.90–8.00, which is a pretty loud way of saying demand hasn’t exactly ghosted them.
Why investors should care
For DLR, the story is less “did they have a good quarter?” and more “is the AI buildout still turning into real money?” When analysts raise targets and the company raises guidance in the same breath, that’s the market’s version of a double espresso. It doesn’t guarantee the stock moonwalks higher, but it does keep the bullish narrative intact.
The tape still has a lot of friends
The article also highlighted heavyweight institutional interest, including big-name managers building or expanding stakes. That kind of ownership doesn’t move the stock by itself, but it does tell you the big money still sees Digital Realty as a core play on digital infrastructure.
Big picture: if you’ve been wondering whether the AI data-center trade is past its best-before date, Digital Realty just handed out a fresh receipt saying: not so fast.