Deutsche Bank Has Hold On NeuStar (NSR)

Deutsche Bank has a Hold rating on Neustar, Inc

and a $27 price target on shares. In a research report sent to investors, Deutsche Bank writes, "NSR reported $130.5m/$0.39, in line with the preliminary results announced on Oct 6, timed with Lisa Hook's CEO appointment. The re-affirmed FY10 guidance of $525m to $530m suggests a 4Q of $139m at the midpoint, which we think is achievable from a combination of seasonal custom work for the NPAC and the enterprise segment benefiting from end-of-year spending. We believe the early FY11 guidance of “at least” 11% has been set conservatively, but we need to see evidence of more robust growth in non-NPAC revenues. Reiterate Hold." Shares of NSR gained 21 cents yesterday to close at $24.88, a gain of 0.85%.