Wells Fargo raised the firm’s price target on DigitalBridge (DBRG) to $16 from $15 and keeps an Overweight rating on the shares. A clean quarter and guide are a step in the right direction for DigitalBridge, with potential upside to its fundraising targets – and future carry events – as catalysts that could bring more life back to the stock after a challenging 2024, the firm argues.
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