DigitalBridge price target raised to $25 from $24 at Raymond James

Raymond James analyst Ric Prentiss raised the firm’s price target on DigitalBridge to $25 from $24 and keeps a Strong Buy rating on the shares. DigitalBridge’s Q2 results were ahead of expectations on fundraising, adjusted EBITDA, and Distributable Earnings, with the firm telling investors that it was a “clean and quiet” quarter after several “messy” quarters over many years.