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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
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Sign InAmid the accelerating expansion of digital infrastructure, Barclays has adjusted its price targets upward for several major data center Real Estate Investment Trusts (REITs). The bank raised its price target for Equinix (EQIX) to $1,130 and increased its target for Digital Realty (DLR) to $197, citing strong growth expectations. Additionally, Iron Mountain (IRM) saw its target raised to $143 while maintaining an Overweight rating.
These positive revisions are driven by robust demand from hyperscale cloud providers and the accelerating adoption of generative AI, a trend echoed by peers like American Tower in recent industry reports regarding stable occupancy rates. Per market data, EQIX continues to trade at a premium reflecting its global interconnection dominance, while DLR benefits from its expansion into large-scale enterprise workloads.
As of the close on July 2, 2026, EQIX stood at $1,002.02, DLR closed at $173.3, and IRM reached $117.16. Investors should monitor upcoming US economic catalysts, such as the Chicago PMI, to gauge the continued resilience of corporate capital expenditure within the technology and infrastructure sectors.