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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
View the Latest Analyst Ratings

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

 

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