BTIG Starts Coverage on Digital Realty and Equinix, Citing AI-Driven Demand for Data Center Capacity
BTIG has opened coverage on two major data center real estate investment trusts, Digital Realty Trust and Equinix, assigning Buy ratings to both. The brokerage points to surging demand for artificial intelligence infrastructure, concentration in Tier 1 markets, sizable development pipelines and power scarcity that has tightened new supply. BTIG gav…