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Fly News Breaks for December 16, 2015
DOV
Dec 16, 2015 | 06:15 EDT
William Blair analyst Nicholas Heymann downgraded Dover to Market Perform after the company's 2016 outlook missed expectations. Dover's fifth 2015 earnings guidance cut has likely transformed the key catalyst for shares from higher energy prices to sustainable improvement in Dover Energy sales and improved profitability, neither of which appears likely until 2017, Heymann tells investors in a research note. He cut his price target for the stock to $66 from $71.
News For DOV From the Last 2 Days
DOV
Apr 26, 2024 | 08:48 EDT
DOV
Apr 26, 2024 | 08:08 EDT
DOV
Apr 26, 2024 | 06:42 EDT
DOV
Apr 26, 2024 | 05:11 EDT
DOV
Apr 25, 2024 | 16:46 EDT
Baird raised the firm's price target on Dover to $208 from $185 and keeps an Outperform rating on the shares after its Q1 earnings beat. The company "healthily" beat consensus while its growth outpaced expectations and the management's guidance was narrowed to the high end of the range, the analyst tells investors in a research note. Order commentary was also encouraging, with the company expecting positive yoy growth for the remainder of the year, the firm added.
DOV
Apr 25, 2024 | 07:22 EDT
