J.P. Morgan Maintains Neutral on D&B (DNB)

J.P. Morgan is out with its report today on D&B DNB, maintaining Neutral. In a note to clients, J.P. Morgan writes, "We're maintaining our Neutral rating on DNB following Q1,11 results. Revenues (up modestly ex forex and M&A) were below our estimates while profits (-4%) were modestly ahead. EPS of $1.13 (incl. ~$0.16 Tech investment) topped JPM's $1.08 estimate. N. America revs. decelerated from recent periods—up modestly on an organic basis (with Risk -1%). International also posted slight growth ex M&A v. JPM's +2% estimate." J.P. Morgan maintains a $78 PT on DNB. Shares of DNB closed Wednesday at $83.33, up 0.39% from Tuesday's close.