Digital Realty Trust Price Target Raised to $185, Consensus at $193.21
Cowen & Co. maintained its Hold rating for Digital Realty Trust and raised its price target from $179 to $185. The consensus among 26 analysts is a Moderate Buy, with an average 12-month price target of $193.21 and the REIT’s market cap at $56.56 billion.
1. Cowen Rating and Price Target
Cowen & Co. maintained its Hold rating on Digital Realty Trust and increased its 12-month price target from $179 to $185, signaling a slightly more positive outlook on the data-center REIT’s growth prospects.
2. Consensus Analyst Outlook
Among 26 analysts covering the stock, 15 recommend Buy, nine rate it Hold and two Strong Buy, resulting in an average 12-month target of $193.21, indicating broader market confidence beyond Cowen’s view.
3. Stock Performance and Market Capitalization
Digital Realty Trust shares last traded near $164.65, down 1.28% on the day, within a 52-week range of $129.95 to $182.48. The company’s market capitalization stands at approximately $56.56 billion, underscoring its leading position in the data-center REIT sector.