Barclays analyst Manav Patnaik lowered the firm’s price target on Dun & Bradstreet to $11 from $13 and keeps an Equal Weight rating on the shares The analyst says heightened demand for large-caps and quality exposure signal investor caution, even as recession concerns continue to fade. Dun & Bradstreet is a victim of the flight to quality, the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on DNB: