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Stifel Sees Dun & Bradstreet As A Growth Stock

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Shlomo Rosenbaum, an analyst at Stifel, raised Dun & Bradstreet Corp (NYSE: DNB) from Hold to Buy this morning. He cited many factors he believes will help leverage the company for the future.

Rosenbaum is initially establishing a $150 price target.

Through the report, Rosenbaum mentions growth multiple times, as he sees Dun & Bradstreet as a stock with substantial upside.

A few factors for the upgrade include:

  • Business improvement in Compliance
  • Data Service
  • DNB Direct
  • Strategic M&A acquisitions (to add growth to 2016 fundamental strength)

Rosen even gave opportunistic investors strategic advice regarding Dun & Bradstreet stating, “We suspect there was some short-covering following the earnings report which could lead to some subsequent price pull back – we advise investors to take advantage of any pullback to initiate or increase their positions.”

As of Wednesday afternoon, Dun & Bradstreet is trading up 3.89 percent at $130.57.

Rosenbaum’s price target would assume an upside of 15 percent.

Latest Ratings for DNB

DateFirmActionFromTo
Jan 2017Goldman SachsUpgradesSellNeutral
Oct 2016MizuhoInitiates Coverage OnMarket Perform
Aug 2016BarclaysMaintainsUnderweight

View More Analyst Ratings for DNB
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Posted-In: Analyst Color Long Ideas Price Target Analyst Ratings Trading Ideas

 

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