TD Cowen Raises Digital Realty Trust (DLR) Target on Strong Q4 Performance

Digital Realty Trust, Inc. (NYSE:DLR) is included among the 14 Best Real Estate Stocks to Buy According to Hedge Funds.

On February 6, TD Cowen raised its terms proposal connected Digital Realty Trust, Inc. (NYSE:DLR) to $185 from $179. The expert kept a Hold standing connected the shares. The steadfast pointed to stronger-than-expected fourth-quarter results and said determination could beryllium further upside ahead. In particular, it noted that higher renewal spreads successful 2026 could assistance thrust amended Core FFO per stock maturation than the company’s existent outlook suggests.

CEO Andy Power described 2025 arsenic a turning constituent for some Digital Realty and the information halfway manufacture overall. He said the institution closed the twelvemonth with grounds results and bushed its ain guidance connected revenue, EBITDA, and halfway FFO per share. Leasing enactment was particularly strong. Power noted that Digital Realty signed much than $1 cardinal successful caller leases for the 2nd twelvemonth successful a row, with full bookings reaching $1.2 cardinal successful 2025. That fig was astir 70% higher than the company’s mean yearly bookings implicit the past 5 years, showing however rapidly request has accelerated.

He besides highlighted beardown momentum successful interconnection and colocation, which person go cardinal maturation areas for the company. Power said bookings for its interconnection offerings reached astir $340 cardinal during the year, marking a caller grounds and rising much than 35% compared with 2024. This maturation reflects expanding request from customers looking for reliable, scalable infrastructure to enactment unreality computing, AI, and data-heavy workloads.

Digital Realty Trust, Inc. (NYSE:DLR) is simply a information halfway REIT that owns, develops, and operates facilities that enactment integer infrastructure. Its information centers assistance businesses, unreality providers, and exertion companies store data, tally applications, and support planetary connectivity.

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