JP Morgan Upgrades DigitalBridge Gr to Overweight, Raises Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Richard Choe has upgraded DigitalBridge Gr (NYSE:DBRG) from Neutral to Overweight and raised the price target from $19 to $25.
September 28, 2023 | 9:44 am
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POSITIVE IMPACT
JP Morgan's upgrade of DigitalBridge Gr to Overweight and a raised price target could lead to a positive short-term impact on the stock.
Analyst upgrades often lead to a positive reaction in the stock market as they indicate increased confidence in the company's performance. The raised price target also suggests that the analyst sees potential for the stock's price to increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100