Goldman Sachs Starts Digital Realty Trust (DLR) at Buy

Goldman Sachs analyst Michael Ng initiates coverage on Digital Realty Trust (NYSE: DLR) with a Buy rating and a price target of $188.00.

The analyst comments " Digital Realty should see an extended period of revenue and profit growth supported by an extensive backlog (e.g., $852 mn as of 3Q25 including DLR share of JVs), wide releasing spreads that are indicative of pricing opportunities, and $6.4 bn (730 MW) of data center construction under development including DLR's share of its joint ventures ($9.7 bn at 100% share) coming online in 2026. We forecast 11% AFFO per share CAGR from 2026E- 2029E underpinned by an 11% revenue CAGR and 12% EBITDA CAGR."

For an analyst ratings summary and ratings history on Digital Realty Trust click here. For more ratings news on Digital Realty Trust click here.

Shares of Digital Realty Trust closed at $148.39 yesterday.

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