Digital Reality is aggressively pursuing many opportunities, across both operators and individual assets, while the level of capital deployed into development is also growing, according to the analyst note.
"We expect the company to aggressively pursue accretive transactions in the coming months as it aims to stake claim to the title of most dominant global data center operator," Cantor Fitzgerald analysts said.
Digital Realty Trust is a real estate investment trust (REIT) that owns and develops technology-related real estate, and provide services include implementation services, remote hands services, data center infrastructure management (DCIM), client services and digital realty partner network.
Separately, TheStreet Ratings team rates DIGITAL REALTY TRUST INC as a Buy with a ratings score of B-. TheStreet Ratings Team has this to say about their recommendation:
"We rate DIGITAL REALTY TRUST INC (DLR) a BUY. This is driven by several positive factors, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth, expanding profit margins, good cash flow from operations and solid stock price performance. We feel its strengths outweigh the fact that the company has had somewhat disappointing return on equity."