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Digital Realty price target raised to $160 from $154 at Evercore ISI

Evercore ISI analyst Irvin Liu raised the firm’s price target on Digital Realty to $160 from $154 and keeps an Outperform rating on the shares. Q1 marked “a solid start to the year” for data center REITs as bookings performance and pricing are reflective of strong fundamentals amid AI tailwinds driving higher demand, while supply remains tight, the analyst tells investors.

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