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Citizens analyst Mitch Germain reiterates Four Corners Property Tr (NYSE:FCPT) with a Market Outperform and maintains $28 price target.
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Digital Realty (DLR) signed $307 million in Q2 bookings with a record $1.9 billion backlog, driven by AI and cloud demand. The company is expanding capacity through land purchases and data-center acquisitions, with 1.4 GW under construction at 11.5% yield. Strong balance sheet and diverse tenant base support long-term growth prospects.
Barclays analyst Richard Hightower maintains Four Corners Property Tr (NYSE:FCPT) with a Equal-Weight and raises the price target from $29 to $30.