Market Overview

Stifel Sees Dun & Bradstreet As A Growth Stock

Share:

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
Oct 2020JefferiesMaintainsBuy
Jul 2020Stephens & Co.Initiates Coverage OnOverweight
Jul 2020SunTrust Robinson HumphreyInitiates Coverage OnBuy

View More Analyst Ratings for DNB
View the Latest Analyst Ratings

 

Related Articles (DNB)

View Comments and Join the Discussion!

Posted-In: Analyst Color Long Ideas Price Target Analyst Ratings Trading Ideas

Latest Ratings

StockFirmActionPT
AMDSusquehannaMaintains95.0
BABAOppenheimerMaintains335.0
EAJefferiesMaintains150.0
MELIJefferiesMaintains1,560.0
NOMDBTIGInitiates Coverage On30.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com