Oppenheimer Maintains Outperform on Dover, Lowers Price Target to $175
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Bryan Blair has maintained an 'Outperform' rating on Dover (NYSE:DOV) but lowered the price target from $177 to $175.
October 25, 2023 | 1:16 pm
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NEUTRAL IMPACT
Dover's price target has been lowered from $177 to $175 by Oppenheimer, though the 'Outperform' rating is maintained.
The news is directly about Dover and its price target. While the reduction in price target could be seen as a negative, the maintenance of the 'Outperform' rating suggests that the analyst still sees potential in the stock. This could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100