Morgan Stanley Raises Digital Realty Trust (NYSE:DLR) Price Target to $210.00

Key Points

• Morgan Stanley raised its price target on Digital Realty Trust to $210 (from $195) while keeping an "equal weight" rating, implying about an 11.5% upside from the current price.
• Several other brokers have recently increased or initiated targets (Sanford C. Bernstein $218, Cantor Fitzgerald $211, BMO $205, Scotiabank $195), leaving the consensus average price target at $196.96 and an overall rating of Moderate Buy.
• Digital Realty beat the quarter with EPS of $1.86 vs. $1.83 expected and revenue of $1.63B vs. $1.58B, and set FY2026 guidance of 7.90–8.00 EPS.

Digital Realty Trust (NYSE:DLR - Get Free Report) had its target price lifted by stock analysts at Morgan Stanley from $195.00 to $210.00 in a research note issued on Monday,MarketScreener reports. The firm currently has an "equal weight" rating on the real estate investment trust's stock. Morgan Stanley's price target would indicate a potential upside of 11.50% from the company's current price.

Other equities analysts also recently issued reports about the stock. Scotiabank upped their target price on shares of Digital Realty Trust from $189.00 to $195.00 and gave the stock a "sector outperform" rating in a research note on Tuesday, April 7th. BMO Capital Markets lifted their price objective on Digital Realty Trust from $195.00 to $205.00 and gave the company an "outperform" rating in a report on Tuesday, February 17th. Sanford C. Bernstein began coverage on shares of Digital Realty Trust in a research note on Thursday, March 5th. They issued an "outperform" rating and a $218.00 price objective for the company. Cantor Fitzgerald began coverage on shares of Digital Realty Trust in a report on Thursday. They set an "overweight" rating and a $211.00 target price on the stock. Finally, Citigroup decreased their price target on shares of Digital Realty Trust from $212.00 to $190.00 and set a "buy" rating for the company in a research report on Friday, February 6th. Four investment analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $196.96.

Digital Realty Trust Stock Down 0.3%

Shares of NYSE DLR opened at $188.35 on Monday. Digital Realty Trust has a 1 year low of $143.83 and a 1 year high of $190.08. The firm has a 50-day simple moving average of $177.66 and a two-hundred day simple moving average of $168.34. The company has a market cap of $64.72 billion, a P/E ratio of 52.36, a PEG ratio of 4.18 and a beta of 1.07. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.59 and a quick ratio of 1.59.

Digital Realty Trust (NYSE:DLR - Get Free Report) last issued its quarterly earnings results on Thursday, February 5th. The real estate investment trust reported $1.86 earnings per share for the quarter, topping the consensus estimate of $1.83 by $0.03. Digital Realty Trust had a return on equity of 5.88% and a net margin of 21.41%.The firm had revenue of $1.63 billion for the quarter, compared to the consensus estimate of $1.58 billion. During the same period in the prior year, the business posted $1.73 earnings per share. The company's revenue for the quarter was up 13.8% on a year-over-year basis. Digital Realty Trust has set its FY 2026 guidance at 7.900-8.000 EPS. Research analysts anticipate that Digital Realty Trust will post 7.07 earnings per share for the current year.

Institutional Investors Weigh In On Digital Realty Trust

A number of institutional investors have recently added to or reduced their stakes in DLR. New York State Common Retirement Fund lifted its stake in shares of Digital Realty Trust by 7.1% in the third quarter. New York State Common Retirement Fund now owns 233,569 shares of the real estate investment trust's stock worth $40,379,000 after buying an additional 15,569 shares in the last quarter. Jones Financial Companies Lllp grew its stake in Digital Realty Trust by 13.5% during the 3rd quarter. Jones Financial Companies Lllp now owns 148,970 shares of the real estate investment trust's stock valued at $25,545,000 after acquiring an additional 17,729 shares in the last quarter. OFI Invest Asset Management raised its holdings in Digital Realty Trust by 37,575.7% in the 3rd quarter. OFI Invest Asset Management now owns 271,265 shares of the real estate investment trust's stock valued at $46,896,000 after acquiring an additional 270,545 shares during the last quarter. Centersquare Investment Management LLC increased its stake in shares of Digital Realty Trust by 5.0% in the 3rd quarter. Centersquare Investment Management LLC now owns 3,118,869 shares of the real estate investment trust's stock worth $539,190,000 after acquiring an additional 149,770 shares during the last quarter. Finally, Gallacher Capital Management LLC acquired a new position in shares of Digital Realty Trust during the 3rd quarter valued at about $762,000. Institutional investors and hedge funds own 99.71% of the company's stock.

Digital Realty Trust Company Profile

Digital Realty Trust, Inc NYSE: DLR is a real estate investment trust that owns, acquires and operates carrier-neutral data centers and provides related colocation and interconnection solutions. The company focuses on large-scale, mission-critical facilities that support the physical infrastructure needs of cloud providers, enterprises, network operators and content companies. Digital Realty's offerings are designed to enable secure, reliable and highly available IT infrastructure with an emphasis on power density, cooling, and physical security.

Digital Realty's product set spans wholesale data center space, turnkey build-to-suit facilities, and retail colocation suites, complemented by interconnection services that allow customers to establish private and public connections to networks, cloud on-ramps and other ecosystem partners.

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