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D.A. Davidson Reaffirms Their Hold Rating on Broadridge Financial Solutions (BR)

D.A. Davidson Reaffirms Their Hold Rating on Broadridge Financial Solutions (BR)

In a report released today, Peter Heckmann from D.A. Davidson reiterated a Hold rating on Broadridge Financial Solutions, with a price target of $220.00. The company's shares opened today at $240.87.
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Heckmann covers the Technology sector, focusing on stocks such as Shift4 Payments, ACI Worldwide, and Clearwater Analytics Holdings. According to TipRanks, Heckmann has an average return of 13.6% and a 61.04% success rate on recommended stocks.
Currently, the analyst consensus on Broadridge Financial Solutions is a Moderate Buy with an average price target of $254.80.
BR market cap is currently $28.75B and has a P/E ratio of 36.78.
Based on the recent corporate insider activity of 134 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BR in relation to earlier this year. Last month, Robert Duelks, a Director at BR sold 500.00 shares for a total of $122,570.00.
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