What 5 Analyst Ratings Have To Say About Dover
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 5 Wall Street analysts have published their ratings on Dover (NYSE:DOV), with 2 bullish, 2 somewhat bullish, and 1 indifferent. The average price target is $163.4, representing an upside from the current price of $143.62. This target has decreased by 1.45% from the previous target of $165.80. Analysts' ratings can influence stock performance, though they are based on forecasts and can vary in accuracy.
December 11, 2023 | 6:00 pm
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POSITIVE IMPACT
Dover received mostly positive ratings from analysts, with an average price target suggesting a potential upside. The slight decrease in the target price may temper expectations but still indicates growth potential.
The majority of analysts have a positive outlook on DOV, which can lead to increased investor confidence and potentially drive the stock price up in the short term. However, the slight decrease in the average price target may reflect a more cautious view, which could limit the stock's upside.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100