DA Davidson has decided to maintain its Neutral rating of Donnelley Financial Solns (NYSE:DFIN) and lower its price target from $37.00 to $35.00.
Shares of Donnelley Financial Solns are trading up 1.04% over the last 24 hours, at $30.96 per share.
A move to $35.00 would account for a 13.05% increase from the current share price.
About Donnelley Financial Solns
Donnelley Financial Solutions Inc is a global risk and compliance solutions company. The company provides regulatory filing and deal solutions via its software-as-a-service, technology-enabled services, and print and distribution solutions to public and private companies, mutual funds, and other regulated investment firms. The company operates in two segments: Capital markets and Investment Companies. Both of these segments are further classified into Software Solutions and Compliance & Communications Management. Its geographical segments are the United States( US), Europe, Asia, Canada, and others, of which the US accounts for the vast majority of its total revenue.
About Analyst Ratings
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
