Digital Realty Trust (DLR) recently reported their
Q4 2024 earnings, while also publicizing a rather
soft guidance for 2025 top line. Despite this, their Q4 revenue report slightly missed the targets and was deemed mixed by some analysts. DLR also announced the
launch of two new customer service initiatives and significant
AI-driven demand for their data center. Additionally, it secured a
BUY rating from several financial institutions such as Citigroup and JPMorgan Chase, though the latter boosted DLR's price target to $190. Other notable highlights include the
increase of holdings by investment entities such as Weatherly Asset Management L.P., Kestra Private Wealth Services LLC, and Stephens Inc. AR, among others. In contrast, other firms like Global Wealth Management Investment Advisory chose to decrease their stakes.
JMP Securities maintained the $220 target on DLR's stock, pointing towards the
rising demand for AI and hyperscale networks and DLR's role in strengthening these networks.
Digital Realty Trust DLR News Analytics from Thu, 24 Oct 2024 07:00:00 GMT to Sat, 15 Feb 2025 18:01:22 GMT -
Rating +7
- Innovation +7
- Information +9
- Rumor -3
