Dun & Bradstreet price target lowered to $14 from $17 at Needham

Needham analyst Kyle Peterson lowered the firm’s price target on Dun & Bradstreet to $14 from $17 but keeps a Buy rating on the shares. The company’s Q4 results missed Street expectations on the top and bottom line, as distractions from the ongoing strategic review, the exit of two low-margin partnerships, and some timing-related delays all contributed to a light quarter, but while the FY25 outlook was also below-consensus, DNB also announced that they expect to provide an update on the outcome of the strategic review in Q1, the analyst tells investors in a research note.