Truist Securities Maintains Buy on DigitalBridge Gr, Lowers Price Target to $17
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Buy rating on DigitalBridge Group (NYSE:DBRG) but has lowered the price target from $19 to $17.
August 21, 2024 | 1:49 pm
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Truist Securities has maintained a Buy rating on DigitalBridge Group but lowered the price target from $19 to $17, indicating a more cautious outlook.
The maintenance of a Buy rating suggests continued confidence in DigitalBridge Group's prospects, but the lowered price target indicates a more cautious outlook on its short-term performance. This mixed signal may result in neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100