Digital Realty to buy Blackstone's stake in 3 Virginia data centers
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/21/2026
- Wall St rebounds, but yield surge sets stage for weekly losses
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Wall Street sinks as bond yields rise, Walmart results disappoint
- Wolfe remains "broadly bullish on AI semis stocks", names Top Pick
- Supermicro probe finds no senior management link to export violations
- SpaceX shares fall as second lockup period ends
- Hertz Global amends voting agreement with CK Amarillo after lawsuit
Stifel on Digital Realty Trust (DLR): 'confidence in sustained growth in digital infrastructure'
June 30, 2026 4:50 AM EDTStifel analyst Erik Rasmussen reiterated a Buy rating and $235.00 price target on Digital Realty Trust (NYSE: DLR).
The analyst comments "Announces purchase of Blackstone Interest in three NoVA DCs. After the market close, DLR announced that it has agreed to purchase from Blackstone a stake in three fully leased data centers containing 288MWs of total IT capacity for a total amount of $7.8B (~$27M per MW premium pricing for AI/high density, power scarcity in NoVA, and fully leased facilities), reflecting a cap rate of over 6.5%. DLR is acquiring Blackstones 64% blended equity... More
