Truist lowered the firm’s price target on DigitalBridge (DBRG) to $15 from $17 and keeps a Buy rating on the shares as part of a broader research note on REITs. The firm is updating its model based on Q3 results as well as adjusted revenue growth and expense assumptions, the analyst tells investors in a research note.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DBRG:
- Keefe downgrades DigitalBridge to Market Perform on mix pressure
- DigitalBridge downgraded to Market Perform from Outperform at Keefe Bruyette
- DigitalBridge price target lowered to $16 from $19 at Raymond James
- DigitalBridge price target lowered to $18 from $19 at TD Cowen
- DigitalBridge price target lowered to $16 from $18 at Wells Fargo