UPDATE: Benchmark Lowers PT on The Dun & Bradstreet Corp

According to a research report this morning, Benchmark lowers PT from $82 to $68 on The Dun & Bradstreet Corp (NYSE: DNB) to reflect the 10x 2012E EPS.

Benchmark stated, “2012 guidance calls for core-revenue growth of 0-3%, down from 3-5% and off a lower base due to divestitures. Operating income and adjusted EPS remain unchanged at up 4-7% and up 8-11%, respectively. We project 2012 revenue of $1.7 billion, up 2% y/y, leading to EPS of $6.85, up 8%.”

The Dun & Bradstreet Corp closed yesterday at $64.04 as Benchmark maintains its Hold rating.