Jefferies Raises Digital Realty Trust Target to $223 Amid Strong Institutional Interest

Key Facts

1Jefferies Financial Group raised its price target for Digital Realty Trust from $189 to $223.

2The company beat quarterly EPS and revenue estimates and set strong FY 2026 guidance.

3Norges Bank established a large stake in the company amid increasing institutional interest.

Jefferies Financial Group has increased its price target for Digital Realty Trust (DLR) to $223 from $189, maintaining a 'buy' rating on the stock. The upward revision follows a strong quarterly performance where the company exceeded both earnings per share and revenue estimates. Furthermore, Digital Realty issued optimistic guidance for fiscal year 2026, signaling long-term growth potential in the data center sector. Institutional confidence is also on the rise, highlighted by Norges Bank establishing a significant new stake in the company. The new price target implies a potential upside of 14.6%, driven by robust financial health and strategic positioning. Analysts believe the company is well-placed to benefit from the ongoing expansion of global digital infrastructure.