Dole price target raised to $14 from $12 at BofA

BofA analyst Bryan Spillane raised the firm’s price target on Dole (DOLE) to $14 from $12 and keeps an Underperform rating on the shares. Given a “strong” adjusted EBITDA beat and the company’s “history of guiding conservatively,” the firm is raising its FY25 adjusted EBITDA forecast to $395.8M from $382.0M, the analyst tells investors in a post-earnings note.