Arbitron (ARB -6.7%) shares are cut to Hold from Buy with a reduced price target of $38 from $46...

|By:, SA News Editor

Arbitron (ARB -6.7%) shares are cut to Hold from Buy with a reduced price target of $38 from $46 at Deutsche Bank following weak guidance and possible deceleration in the core business beyond 2012 when the PPM price uplift has run its course. While new initiatives are in development, DB sees ARB's EPS growing only in the low teens through 2013.