12 AI News and Analyst Ratings You Probably Missed

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7. Digital Realty Trust, Inc. (NYSE:DLR)

Number of Hedge Fund Holders: 47

Digital Realty Trust, Inc. (NYSE:DLR) provides data center, colocation, and interconnection solutions worldwide.

As reported by TipRanks on March 24, analyst Alexander Waters from Bank of America Securities reaffirmed a Buy rating on Digital Realty with a $205 price target. The rating reflects strong demand for the company’s data centers, driven by hyperscale clients and the expanding role of AI, which is expected to follow cloud adoption trends. Major lease commencements are projected for 2025 and 2026, supporting long-term growth.

Digital Realty also expects rental rates to rise by 4-6% in 2025 across retail and wholesale deployments. Additionally, power availability in Northern Virginia, its largest market, is set to improve between 2026 and 2028. These factors, along with efforts to improve power infrastructure and expand renewable energy use, reinforce the positive outlook.

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