Morgan Stanley Raises Digital Realty Trust Price Target to $210

Key Facts

1Morgan Stanley raised the price target for Digital Realty Trust from $195 to $210.

2The bank maintained an 'Equalweight' rating on the stock.

Morgan Stanley has revised its price target for Digital Realty Trust (DLR) upward, moving from $195 to $210 per share. Despite the increased valuation, the investment bank maintained its 'Equalweight' rating on the stock, suggesting a balanced risk-reward profile. This adjustment reflects a positive outlook on the data center REIT sector and the company's recent operational performance. Analysts point to the growing demand for digital infrastructure as a primary driver for the valuation hike. While the move provides a bullish signal for the stock, the neutral rating indicates limited immediate upside momentum according to the bank's model. Investors are closely monitoring the impact of this update on DLR and related real estate investment trusts.