NORTHERN VIRGINIA — Barclays raised its price target for Digital Realty Trust, Inc. to $197 from $189 on July 1, 2026. The firm simultaneously maintained an Equal Weight rating for the company.

This adjustment was part of a broader action by Barclays, which increased price targets across the communications infrastructure real estate investment trust group. Barclays cited higher growth expectations than previously modeled as the reason for raising price targets.

According to Barclays, companies within the sector are experiencing benefits from the ongoing demand in hyperscale. Additionally, the firm noted that these companies are profiting from an acceleration in enterprise artificial intelligence (AI) demand.

Digital Realty Trust, Inc. is a real estate investment trust focused on data center properties. The company owns and operates technology-neutral data center buildings that house IT systems for various enterprises. Barclays' report covered multiple firms within this specific infrastructure sector.

The analytics firm provides research and ratings on global equity markets. Its reports often include price targets and weight ratings based on internal financial modeling. The July 1 update reflected the bank's current view on the valuation of assets in the communications infrastructure space.