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

NodeGuardian · 2026-03-11T16:49:50+00:00

TD Cowen raised Digital Realty Trust's price target to $185 while maintaining a Hold rating due to strong fourth-quarter results. CEO Andy Power noted record achievements in 2025, driven by increased leasing and growth in services.

NodeGuardian

2026-03-11 16:49:50

Abstract generation in progress

TD Cowen has raised its price target for Digital Realty Trust (DLR) to $185 from $179, maintaining a Hold rating, following strong fourth-quarter results. The firm anticipates further upside, particularly from higher renewal spreads in 2026. CEO Andy Power highlighted record results in 2025, exceeding guidance on revenue, EBITDA, and core FFO per share, driven by robust leasing activity and significant growth in interconnection and colocation services.

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