J.P. Morgan Remains Neutral On Neustar (NSR)

J.P. Morgan remained Neutral on Neustar NSR in a research report published today. J.P. Morgan previously gave Neustar a $28 price target. In the report, J.P. Morgan states, "Neustar results were mixed with lighter FY11 EBITDA guidance than expected. We believe company is digesting the Quova acquisition, further investing in initiatives like Ultraviolet, and setting an achievable bar to start the year. Nonetheless, we believe the moving parts of the quarter and guidance will not be enough for shares to outperform, and thus we remain Neutral." Shares of Neustar closed Wednesday at $26.95, down 1.5% from Tuesday's market close.