DigitalBridge Reports Fourth Quarter and Full Year 2024 Financial Results

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DigitalBridge Group Inc. (DBRG) PT Raised to $17 at Raymond James

February 20, 2025 1:36 PM EST

Raymond James analyst Ric Prentiss raised the price target on DigitalBridge Group Inc. (NYSE: DBRG) to $17.00 (from $16.00) while maintaining a Strong Buy rating.

The analyst comments "We reiterate our Strong Buy rating on DBRG and raise price target to $17, from $16, after a strong beat in 4Q24 fee revenue and FRE, helped by ~$10M catch-up fees, with initial 2025 guidance on FEEUM a little light ($40B+ vs. RJE $42.4B) and FRE... More