Dover price target lowered to $262 from $274 at Wolfe Research
Wolfe Research analyst Nigel Coe lowered the firm's price target on Dover to $262 from $274 and keeps an Outperform rating on the shares. Ahead of Q2 results, the firm expects this to be a very similar set up to Q1 with core growth trending more than 5% with order remaining in the double-digit growth zone. Overall, the