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Fly News Breaks for June 10, 2016
DOV
Jun 10, 2016 | 08:23 EDT
Oppenheimer analyst Jim Giannakouros sees Dover's acquisition of Wayne Fueling Systems as a fairly-priced and strategic deal in one of Dover's core growth markets. The analyst adds that given the favorable trends and outlook for retail fueling, he views the acquisition favorably. Oppenheimer has a Perform rating on Dover's shares.
News For DOV From the Last 2 Days
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.