Stifel raised the firm’s price target on Digital Realty (DLR) to $190 from $185 and keeps a Buy rating on the shares. Q1 revenue was below expectations, but Digital Realty came in ahead of expectations on adjusted EBITDA, and CFFO per share, the analyst noted. Record backlog of $919M provides good visibility into accelerated growth in the business and the company slightly raised its 2025 guidance for revenue, adjusted EBITDA and CFFO per share given the strong start to the year, the analyst added.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DLR:
- Digital Realty price target raised to $153 from $129 at TD Cowen
- Digital Realty’s Strong Q1 Performance and Growth Potential Justify Buy Rating
- Digital Realty’s Strong Performance and Growth Prospects Justify Buy Rating
- Digital Realty Trust Reports Strong Q1 2025 Performance
- Digital Realty: Strong Leasing and Raised Guidance Amid Cautious Hold Rating