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Fly News Breaks for September 12, 2018
DOV
Sep 12, 2018 | 09:20 EDT
BMO Capital analyst R. Scott Graham kept his Market Perform rating and $90 price target on Dover after its Investor Day presentation, saying the plans of the new CEO to streamline SG&A reductions in the near term were encouraging, but the meeting "came up short on sales goals". The analyst adds that he was surprised that Dover lowered operating margin goals in two segments, noting that while he is encouraged by the direction of the Engineered Systems and Fluids segments, he is worried about the Refrigeration & Food Equipment segment.
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
