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Fly News Breaks for September 7, 2018
DOV
Sep 7, 2018 | 09:38 EDT
Citi analyst Andrew Kaplowitz earlier today upgraded Dover to Buy from Neutral and raised his price target for the shares to $105 from $85. With new CEO Rich Tobin driving a more focused approach to operational management, untapped earnings potential within Dover's portfolio could materialize and drive upside to earnings estimates and the stock price over the next two years, Kaplowitz tells investors in a research note. He sees Dover as a "self-help" story that "could unlock upside."