Dover sees 2013-2015 annual organic sales growth 4%-6% Sees 2013-2015 annual CapEx spend 3% of revenue, free cash flow generation 10% of revenue. Says committed to maintaining investment grade credit rating. Comments from slides that are being presented at the 2012 Investor Meeting.
News For DOV From The Last 14 Days
Check below for free stories on DOV the last two weeks.
Dover upgraded to Outperform from Neutral at Credit Suisse Credit Suisse upgraded Dover following the recent spin-off of Knowles and raised its price target to $93 from $81. The firm believes M&A could provide upside to earnings and that acceleration in the Energy segment deserves a premium multiple.