Needham Maintains Buy on Dun & Bradstreet Hldgs, Lowers Price Target to $17
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Kyle Peterson maintains a Buy rating on Dun & Bradstreet Holdings (DNB) but lowers the price target from $18 to $17.

February 16, 2024 | 10:17 am
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NEUTRAL IMPACT
Needham maintains a Buy rating on Dun & Bradstreet Holdings but lowers the price target from $18 to $17.
The adjustment in price target by Needham reflects a nuanced view on Dun & Bradstreet's future performance. While the Buy rating indicates continued confidence in the company's overall prospects, the reduction in price target suggests a slight tempering of expectations regarding its near-term price performance. This could lead to a neutral short-term impact on the stock as investors digest the implications of the adjusted price target against the backdrop of ongoing support from Needham.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100