Donaldson spikes higher, levels to watch The stock is up over 6% and is heading close to completion of a bullish flag pattern that has potential to the $37.50 area. The shares were upgraded earlier today at BofA/Merrill to Buy, with a $41 price target.
News For DCI From The Last 14 Days
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Donaldson price target raised to $47 from $42 at Jefferies Jefferies raised its price target on Donaldson to $47 after the company's Q4 beat, but the firm maintains its Hold rating on the shares as it believes the stock will be range bound as its FY15 growth is expected to come mainly in the second half of the fiscal year.