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Fly News Breaks for December 28, 2016
DOV
Dec 28, 2016 | 08:59 EDT
Baird analyst Mig Dobre noted Dover shares climbed roughly 25% in 2016 and he believes there is more upside available in 2017. He said the shares currently lag his sum-of-the-parts valuation, which is the high $80's-low $90's range. Improved energy fundamentals, M&A, and new segment management were among reasons noted by Dobre as he reiterated his Outperform rating on Dover shares.
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