Donnelley Financial Solutions price target raised to $46 from $42 at DA Davidson

DA Davidson analyst Peter Heckmann raised the firm’s price target on Donnelley Financial Solutions to $46 from $42 and keeps a Neutral rating on the shares. The company’s Q2 results should meet or modestly exceed the firm’s forecasts, the analyst tells investors in a research note, adding that while the overall Transactional Capital Markets activity for Q3 will continue to be restrained by higher interest rates, comparisons will get easier.