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Donnelley Financial Solutions price target lowered to $64 from $72 at DA Davidson

DA Davidson analyst Peter Heckmann lowered the firm’s price target on Donnelley Financial Solutions (DFIN) to $64 from $72 and keeps a Buy rating on the shares. The firm has reduced its near-term forecasts to reflect the anticipated drag on Transactional Capital Markets activity from recent market turmoil, the analyst tells investors in a research note.

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