Dole price target raised to $20 from $19 at Goldman Sachs

Goldman Sachs raised the firm’s price target on Dole to $20 from $19 and keeps a Buy rating on the shares. The company’s Q2 results revealed strong operating performance across the business, with strength in Fresh Fruit and DFP-Americas and Rest of World leading the beat, the analyst tells investors in a research note. The firm adds that in DFP-Americas, positive underlying results were further supported by seasonal timing changes, including the extension of several export seasons deeper into Q2.