Dover price target raised to $90 from $80 at RW Baird Baird raised its price target on Dover following announcement of plans to spin off certain Communications Technologies assets into a new company. The firm views the unlocking of shareholder value and the re-focusing on core industrial markets as a positive driver. Shares are Outperform rated.
News For DOV From The Last 14 Days
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Dover named a Top Pick at SunTrust SunTrust named Dover (DOV) a Top Pick following the company's spin-off of Knowles (KN), which the firm said was was a quality transaction that provides a reset for investors. The firm raised its spin-adjusted price target on Dover to $98 from $89.