Digital Realty Trust, Inc. (NYSE:DLR) is one of the
10 Best AI Pick-and-Shovel Stocks to Buy. On April 8, 2026, Cantor Fitzgerald initiated coverage of Digital Realty Trust, Inc. (NYSE:DLR) with an Overweight rating and a $211 price target. Cantor Fitzgerald said AI infrastructure is “an attractive place to invest,” noting demand tied to AI adoption across industries and expecting a sustained supply and demand imbalance over the next five-plus years to support pricing.
On March 30, 2026, Truist assumed coverage of Digital Realty Trust, Inc. (NYSE:DLR) with a Buy rating and raised its price target to $207 from $202. Truist said data centers are its preferred sub-sector within communications infrastructure and technology, describing them as “the effective real estate partner for AI, Cloud and digital transformation investment,” and highlighted Digital Realty and Equinix as preferred names.
On March 23, 2026, Digital Realty Trust, Inc. (NYSE:DLR) announced plans to enter the Milan market with the acquisition of two land parcels in Abbiategrasso, located southwest of the city center. The planned campus will sit along a subsea traffic corridor connecting Milan to Genoa and Savona and provide access to regional fiber routes.
Digital Realty Trust, Inc. (NYSE:DLR) develops and operates data centers globally.
While we acknowledge the potential of DLR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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