Digital Realty Trust (NYSE:DLR) Raised to "Strong-Buy" at Sanford C. Bernstein

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Sanford C. Bernstein upgraded Digital Realty Trust (NYSE:DLR) to a “strong-buy” rating, contributing to the stock’s overall “Moderate Buy” consensus from analysts. The real estate investment trust recently reported strong quarterly earnings, beating estimates with $1.86 EPS on $1.63 billion in revenue, and made strategic acquisitions in Portugal and Bulgaria to expand its global footprint for cloud and AI workloads. Despite these positive developments and an analyst upgrade, the stock experienced a decline on the day of the report, potentially due to profit-taking or concerns over its valuation.

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