DigitalBridge Group Marks Steady Growth Amidst Positive Analyst Ratings

Published 2 hours agoDBRG

DigitalBridge Group Marks Steady Growth Amidst Positive Analyst Ratings

DigitalBridge Group Inc. (NYSE: DBRG) shares saw a modest uptick, standing at $11.95 as of May 17, 2025, representing a 0.93% increase from the previous trading session. This growth comes amid enhanced interest and optimism surrounding the company's strategic directions and market performance.

Significantly, analyst ratings reflect a bullish outlook. JMP Securities began their coverage of DigitalBridge on January 27, 2025, rating the stock as 'Market Outperform' with a price target of $16.00. Similarly, on February 24, 2025, Wells Fargo & Company adjusted its price target for DigitalBridge from $15.00 to $16.00, while maintaining an 'Overweight' rating. The increased targets by both firms indicate confidence in DigitalBridge's financial prospects.

Adding to this positive sentiment, DigitalBridge has actively engaged in strategic initiatives to bolster growth. In a notable move on March 13, 2025, its subsidiary, Zayo, completed the $4.25 billion acquisition of Crown Castle’s Fiber Solutions Business. Earlier in February 2025, DigitalBridge reported robust fourth-quarter and full-year 2024 financial results, underscoring its commitment to growth and strategic investments. These actions suggest a well-positioned path for sustained success.

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