Dauch Corporation price target lowered to $10 from $12 at RBC Capital

RBC Capital lowered the firm’s price target on Dauch Corporation (DCH) to $10 from $12 and keeps an Outperform rating on the shares. The company’s FY26 guidance for Dowlais came in well below the firm’s expectations, driven by IFRS to GAAP accounting adjustments and a partial-year contribution from Dowlais given the timing of the deal close, but the deal’s synergy story remains positive, the analyst tells investors in a research note.