Digital Realty (DLR) Wins Praise from DBS with $213 Target

Digital Realty Trust Inc. (NYSE:DLR) is one of the 10 best sustainability stocks to buy now. The company operates one of the largest global portfolios of data centers, an industry that is under scrutiny for its high energy consumption. In response, the company has implemented aggressive decarbonization measures.

More than 75% of its global electricity now comes from renewable sources, including 100% for its North America colocation and European portfolios. It has also committed to carbon neutrality across its scope 1 and 2 emissions by 2030.

Digital Realty (DLR) Wins Praise from DBS with $213 Target

A panoramic aerial view of a modern data center with high-performance computing.

DBS analyst Andy Yu reiterated a Buy rating on Digital Realty on June 17, keeping the price target steady at $213. The analyst liked the company’s robust year-over-year growth in adjusted EBITDA. This strong operational performance prompted the company to raise its guidance, which supported the analyst’s optimistic view.

The analyst also highlighted Digital Realty’s strong position in the data center space, which entails an expansive international footprint and a significant market share. The company’s available buildable capacity and recent acquisitions provide a foundation for future expansion.

Digital Realty Trust Inc. (NYSE:DLR) is a real estate investment trust that owns, operates, and invests in data centers worldwide. The company offers data center, colocation, and interconnection services.

While we acknowledge the potential of DLR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None.