Truist raised the firm’s price target on Digital Realty to $158 from $145 and keeps a Buy rating on the shares as part of a broader research note on REIT’s, updating the firm’s models to reflect Q4 results, recent events, and adjusted revenue growth and expense assumptions. Truist also believes that the company’s deleverating will be in the past following 2024 and 2025, positioning it for strong per share growth.
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