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UPDATE: Piper Jaffray Reiterates Neutral Rating, Lowers PT on Nielsen Holdings

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10 Notable Stocks Trading Ex-Dividend Tuesday, August 23

In a report published Wednesday, Piper Jaffray & Co. reiterated its Neutral rating on Nielsen Holdings N.V. (NYSE: NLSN), but lowered its price target from $28.00 to $26.00.

Piper Jaffray noted, “We are reducing our FY12E estimates following NLSN proactively lowering constant currency revenue growth guidance to 5-6% (from 5-7%). Heading into Q2 earnings, we believe the stock will react less to results given expectations have been reset with the recent guidance reduction and more on the confidence the company has in achieving its new constant currency growth range.”

Nielsen Holdings N.V. closed Tuesday at $26.05.

Latest Ratings for NLSN

DateFirmActionFromTo
Sep 2016Cantor FitzgeraldInitiates Coverage onHold
Aug 2016MacquarieInitiates Coverage onOutperform
Jul 2016JP MorganMaintainsOverweight

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Posted-In: Piper Jaffray & Co.Analyst Color Price Target Analyst Ratings

 

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