Deutsche Bank analyst Faiza Alwy upgraded Dun & Bradstreet to Buy from Hold with a price target of $17, up from $15. The recent stock price dislocation "creates a compelling entry point," the analyst tells investors in a research note. The firm says Dun & Bradstreet’s investor day and product demos helped clarify the company’s value proposition. It sees the stock’s risk/reward as "asymmetrically favorable for a largely recurring revenue business model" following the 17% price decline last week.
Published first on TheFly
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