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
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100