Tuesday, August 7, 2012

RRD Neutral Rating Reaffirmed at Zacks

R.R. Donnelley & Sons Company's "Neutral" Rating Reaffirmed at Zacks: R.R. Donnelley & Sons stock had its “neutral” rating reaffirmed by Zacks in a research note issued on Monday. They currently have a $13.00 price target on the stock. Zacks‘ analyst wrote, “R.R. Donnelley’s second quarter earnings were ahead of the Zacks Consensus Estimate, while the top line fell shy of the consensus mark. We believe that the pricing pressure, volatility in raw material prices and a highly leveraged balance sheet to pose significant headwinds for the stock going forward. Moreover, the company continues to face significant threats from digital technologies that enable much easier transfer, designing, resetting and reproduction of data.