Data Center Battle: Why Digital Realty Just Became The Top Pick

benzinga_article
2025.12.18 17:32
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Goldman Sachs analyst Michael Ng initiated coverage of Digital Realty Trust (Buy, PT $188), Equinix (Neutral, PT $785), and IREN (Neutral, PT $39), citing growth potential in AI infrastructure and cloud migration. Digital Realty is expected to see significant revenue and profit growth, supported by a large backlog and data center construction. Equinix should benefit from AI spend, while IREN is in hyper-growth mode with a major deal with Microsoft. Shares of DLR, EQIX, and IREN rose by 1.19%, 0.22%, and 5.50%, respectively.