Gilford Securities Downgrades Dun & Bradstreet To Hold

According to Gilford Securities, the Dun & Bradstreet DNB is downgraded to Hold. Gilford Securities said that DNB is priced at 13.1x '11E P/adj. E compared to 12x-25x historical range, or 1.15x P/E-Growth. "It is inexpensive historically, and as the economy gradually improves, its dominant position with clients across the globe should reap DNB shareholders significantly." Dun & Bradstreet closed yesterday at $75.83.