HSBC cuts Digital Realty stock target from USD 240 to USD 235
AD HOC NEWS
HSBC has reduced its price target for Digital Realty (DLR) from USD 240 to USD 235 but maintained a "buy" rating. The data center REIT reported Q2 2026 revenue of USD 1.92 billion, a 28.90% increase, though earnings per share missed consensus estimates. Digital Realty is expanding its infrastructure, including a new cable landing station in Los Angeles, and continues to project fiscal 2026 EPS within the USD 8.15 to USD 8.20 range.
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