02:50 PM EST, 11/12/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:
We raise our 12-month target price by $1 to $32, 31x our FY 26 (Jun.) EPS estimate (unchanged), in line with its three-year average forward multiple. We raise our FY 26 EPS estimate to $1.04 from $1.01 and FY 27's to $1.13 from $1.12. In FQ1 (Jun-Q), Dow Jones and Digital Real Estate Services segments generated nearly 90% of consolidated EBITDA, both seeing improved margins on improved operational efficiency, focus on premium offerings, and higher mix of digital revenue, which we see improving free cash flow and enabling share buybacks. We raise our opinion to Buy from Hold, viewing shares as attractively valued (26x FY 26 consensus EPS) for a business with strongly recurring revenue streams and growing focus on more profitable segments like Dow Jones, Digital Real Estate Services, and Book Publishing. We also see strong free cash flow generation supporting accelerated capital returns to shareholders.