Dun & Bradstreet price target raised to $16 from $14 at Truist

Truist raised the firm’s price target on Dun & Bradstreet to $16 from $14 and keeps a Buy rating on the shares as part of a broader research note on FinTech names. After a strong Q4, the firm sees “more of the same” for the group as investors add exposure in a soft landing and press multiple expansion for fast-growing Digital FinTechs that are approaching profitability, the analyst tells investors in a research note. The company’s issues with accounting and regulatory and customer-loss headwinds have made for noisy results and dampened organic revenue growth, but these headwinds are likely now firmly in the past, Truist added.