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R.R. Donnelley price target lowered to $12 from $15 at Benchmark Co.

Benchmark Co. reduced its target on R.R. Donnelley, as the firm believes that the company is being hurt by economic constraints and reduced demand for print publications. However, the firm thinks the company can maintain its $1.04 per share dividend in 2013 - representing an 11% yield at current prices - and it maintains a Buy rating on the stock.