Raymond James Maintains Strong Buy on DigitalBridge Gr, Lowers Price Target to $24
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Ric Prentiss has maintained a 'Strong Buy' rating on DigitalBridge Gr (NYSE:DBRG), but lowered the price target from $25 to $24.

November 02, 2023 | 4:14 pm
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NEUTRAL IMPACT
Despite a lowered price target, DigitalBridge Gr (DBRG) maintains a 'Strong Buy' rating from Raymond James, indicating continued confidence in the company's performance.
The lowered price target might initially cause some investor concern, potentially leading to short-term price volatility. However, the maintained 'Strong Buy' rating indicates that the analyst still has significant confidence in the company's potential, which could balance out any negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100