Digital Realty Announces Secondary Offering of Common Stock by Blackstone
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/3/2026
- Wall St ends higher as stocks reclaim some shine
- Broadcom raises AI chip forecast as Big Tech keeps writing bigger checks
- Snowflake soars 20% on earnings beat and raised guidance
- Oil settles 1% higher, as US-Iran strikes threaten supplies
- Could Apple’s foldable iPhone be a $14B opportunity? Morgan Stanley weighs in
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
