DigitalBridge shares are trading higher after JP Morgan upgraded the stock from Neutral to Overweight and raised its price target from $19 to $25.
Portfolio Pulse from Benzinga Newsdesk
JP Morgan has upgraded DigitalBridge (DBRG) from Neutral to Overweight and raised its price target from $19 to $25. This has resulted in DigitalBridge shares trading higher.
September 28, 2023 | 12:39 pm
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DigitalBridge's stock has been upgraded by JP Morgan, leading to an increase in its share price. The price target has also been raised from $19 to $25.
JP Morgan's upgrade from Neutral to Overweight indicates a positive outlook for DigitalBridge. The raised price target also suggests higher future value, which can attract investors and drive up the share price in the short term.
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