Buy Alert: Goldman Sachs Sees Digital Realty Trust Thriving on AI Surge and Tight Market Conditions
Digital Realty Trust(DLR) Benzinga·2024-07-02 02:00
Loading...Loading...Goldman Sachs analyst James Schneider initiated coverage on Digital Realty Trust, Inc. DLR with a Buy rating and a price target of $175.The analyst says he observes robust secular demand trends, propelled by AI and hyperscaler demand, alongside favorable cyclical supply conditions driven by utility and construction capacity constraints.Although the company was heavily leveraged for much of 2023, the analyst believes its improved capital position following the Blackstone Inc. BX joint ven ...