TD Cowen analyst Michael Elias raised the firm’s price target on Digital Realty (DLR) to $129 from $128 and keeps a Hold rating on the shares. The firm said they reported downside 4Q24 leasing mixed 4Q24 results and provided mixed 2025 guidance. Cowen views the rate of DC price increases the potential for another record leasing quarter in 2025 and potential 2026.
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