Piper Jaffray is out with an analyst note this morning where they place a Neutral rating on shares of Dun & Bradstreet DNB; they have an $80.00 price target on the stock.
Piper cited the company’s attractive business model, where “D&B is actively converting its revenues from a transaction based to a subscription-based offering, adding visibility and stickiness to its business model.”
They said that they also like the company’s “leveraged operating model, defined by its ability to benefit all three of its business segments with a single investment in the DUNSRight database and the low marginal cost required to scale.”
In regards the earnings, analysts said that, in the near-term, growth will be modest, but they expect cash EPS growth to accelerate in 2012 as “spending levels moderate and revenues benefit from product upgrades.”
They said that “current valuation looks fair given near-term earnings pressures.”
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Posted In: Analyst ColorPrice TargetInitiationAnalyst RatingsDiversified Commercial & Professional ServicesIndustrialsPiper Jaffray
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in