Nielsen Holdings (NLSN) Bullish Stance Reiterated at Needham & Company Following Analyst Day

Needham & Company analyst Laura Martin reiterated a Buy rating and $50 price target on Nielsen Holdings (NYSE: NLSN) following yesterday's analyst day.

Martin commented, "NLSN hosted an analyst day yesterday, driving the share price up despite a weak market. In an upside surprise, NLSN widened its guidance range from 4-5% to 4-6% revenue growth for 2015, and noted that 70% of its revenue is under contract and therefore "visible." Also, FCF ($700mm in 2015) is a principal focus, suggesting improving ROICs. We continue to like NLSN owing to its unique strategic position as a measurement currency and potential upside from digital video measurement and from a stronger Europe or more robust CPG spending in the US."

For an analyst ratings summary and ratings history on Nielsen Holdings click here. For more ratings news on Nielsen Holdings click here.

Shares of Nielsen Holdings closed at $45.17 yesterday.

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