Guggenheim Assigns “Neutral” to Digital Realty (DLR) on Data Center Leadership

Digital Realty Trust, Inc. (NYSE:DLR) is one of Goldman Sachs’ top REIT stock picks. On July 9, Guggenheim began coverage of Digital Realty Trust (NYSE:DLR) with a Neutral rating, highlighting the REIT’s status as one of the two largest publicly traded data center operators.

Guggenheim Assigns “Neutral” to Digital Realty (DLR) on Data Center Leadership

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The firm noted that Digital Realty’s scale positions it well for capital access and efficient technology deployment, making it a key player amid ongoing industry consolidation. However, Guggenheim considers the stock fairly valued, which supports the Neutral stance despite its strategic advantages and potential for sector leadership.

Digital Realty Trust, Inc. (NYSE:DLR) is a global REIT specializing in data center infrastructure. The company operates over 300 facilities spanning six continents and more than 41 million square feet of rentable space. Its PlatformDIGITAL ecosystem supports cloud, AI, and enterprise workloads through colocation, interconnection, and hybrid IT solutions.

While we acknowledge the potential of DLR to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than DLR and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.