JPMorgan analyst Richard Choe raised the firm’s price target on Digital Realty (DLR) to $185 from $180 and keeps an Overweight rating on the shares. The firm says the company reported “by far” its highest quarterly bookings of $521B in Q3 amid artificial intelligence and traditional data center demand .
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Read More on DLR:
- Closing Bell Movers: Deckers up 12% after earnings beat
- Digital Realty Reports Strong Q3 2024 Financial Results
- Digital Realty reports Q3 core FFO $1.67, consensus $1.67
- Digital Realty narrows 2024 core FFO view to $6.65-$6.75 from $6.60-$6.75
- Digital Realty options imply 2.6% move in share price post-earnings
