Multiple transactions involving
Digital Realty Trust, Inc. (DLR) stocks have come to the spotlight. Sumitomo Mitsui Trust Group and Verity Asset Management reduced their holdings, while Jennison Associates, Vanderbilt University, YANKCOM Partnership, and Mirae Asset Global Investments, among others, increased their stakes. Notably, the firm's shares experienced a 13.3% rise in short interest. Wells Fargo assigned a new price target at $185.00. Moreover, strong
AI and hyperscale demand are bolstering Digital Realty Trust's data networks, creating a robust outlook for this
data center stock. UBS elevated its rating to 'Buy' citing robust data center market demand. Additionally,
Deutsche Bank offered an upgrade, reinforcing the firm's growth optimism. There's increased attention on the firm's partnership with OVHcloud to launch an AI-optimized ServiceFabric platform. Both Stifel and JMP Securities highlighted the trust's significant
growth prospects and market position. The firm's
stock outperformance, increasing stakeholders, and its focus on technological advancements, notably AI-driven solutions, denote solid market potential despite some market concerns regarding its AI spending.
Digital Realty Trust DLR News Analytics from Thu, 25 Jul 2024 07:00:00 GMT to Sat, 08 Feb 2025 12:22:05 GMT -
Rating 7
- Innovation 6
- Information 8
- Rumor 5
