Digital Realty (NYSE: DLR) on Aug. 07, 2026, reaffirmed its commitment to responsible data center growth in Texas, pledging to collaborate with elected officials, regulators, utilities, and local communities. The Austin-based company stated that ensuring data center investment benefits Texans is critical as demand for artificial intelligence (AI), cloud computing, and other digital services accelerates. This support comes amid heightened scrutiny of infrastructure expansion in the state, where sustaining growth requires a focus on grid reliability, consumer protection, and responsible resource management.

Andy Power, President and Chief Executive Officer of Digital Realty, said, "Governor Abbott is putting Texans first and we are committed to doing the same." He noted that as a Texas-headquartered company, it is incumbent upon the industry to engage constructively, address legitimate concerns, and provide solutions that work for all residents. The company highlighted its long-standing support for efforts to maintain grid reliability and promote transparency around data center development.

Digital Realty identified Texas as one of the nation’s most important locations for digital infrastructure investment and job creation. The firm outlined its intent to support key stakeholders in this process, including the Electric Reliability Council of Texas (ERCOT), the Public Utility Commission of Texas, utilities, and policymakers. Power added that these collaborative efforts aim to build trust and confidence while strengthening the state’s leadership position in the digital economy.

Company Profile

Digital Realty operates as the world’s largest cloud- and carrier-neutral data center platform. Its global data center platform, PlatformDIGITAL, provides customers with a secure data meeting place and a proven Pervasive Datacenter Architecture (PDx) solution methodology. The company facilitates innovation for cloud and digital transformation, as well as emerging technologies like AI, while helping customers manage Data Gravity challenges.

The company gives its customers access to connected data communities through its extensive global footprint. For additional information, investors may contact Jordan Sadler or Jim Huseby at +1 (737) 281-0101 or via InvestorRelations@digitalrealty.com .

Argus Research analyst Marie Ferguson upgraded Digital Realty Trust (NYSE: DLR) from Hold to Buy, establishing a $212 price target. This change in rating signals a more optimistic view on the company’s near-term prospects compared to the previous neutral stance.

The upgrade reflects Argus Research’s assessment of the investment case for Digital Realty Trust. By moving the stock to a Buy rating, the firm indicates that the current market price offers attractive value relative to its estimated intrinsic worth of $212.

Analyst Action Details

Investors monitoring analyst sentiment will note this shift as a key indicator of institutional confidence. The specific rationale behind the upgrade was not detailed in the initial announcement, but the price target provides a clear benchmark for potential upside.