Donnelley Financial Solutions price target raised to $72 from $66 at B. Riley

B. Riley analyst Raj Sharma raised the firm’s price target on Donnelley Financial Solutions to $72 from $66 and keeps a Buy rating on the shares ahead of the Q1 earnings report on May 1. B. Riley expects an in-like quarter on both revenue and adjusted EBITDA and sees a slight sequential decline in transactions for Q1 with a pickup from beaten-down FY23 levels through the rest of FY24, the analyst tells investors in a research note.