Citi analyst Peter Christiansen lowered the firm’s price target on Dun & Bradstreet to $12.50 from $13.50 and keeps a Neutral rating on the shares. The analyst updated estimates to reflect a “slight uplift on the company’s modest growth expectations.” However, the firm cut the price target to reflect more conservative assumptions for EBITDA-to-free cash flow conversion improvements in 2024 and 2025.
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