Deutsche Bank Reinstates Buy on DigitalBridge Gr, Lowers Price Target to $17
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Matthew Niknam has reinstated a Buy rating on DigitalBridge Group (NYSE:DBRG) but has lowered the price target from $21 to $17.
June 18, 2024 | 12:07 pm
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NEUTRAL IMPACT
Deutsche Bank has reinstated a Buy rating on DigitalBridge Group but has lowered the price target from $21 to $17. This mixed signal may create some short-term volatility in DBRG's stock price.
The Buy rating suggests a positive outlook, but the lowered price target indicates some caution. This mixed message could lead to short-term volatility as investors digest the news.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100