DA Davidson raised the firm’s price target on Donnelley Financial Solutions (DFIN) to $74 from $64 and keeps a Buy rating on the shares ahead of its Q2 results. The firm has trimmed its Q2 forecasts to reflect slightly more drag from Transactional Capital Markets activity, cutting its FY25 EBITDA view to $233.5M from $234.1M, but notes that its new modeled price target now reflects the company’s 2027 forecasts, the analyst tells investors in a research note.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DFIN: