Barrington raised the firm’s price target on Dorman Products (DORM) to $130-$140 from $120 and keeps an Outperform rating on the shares following the Q3 earnings beat. The firm increased estimates following the report.
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Read More on DORM:
- Dorman Products raises FY24 adjusted EPS view to $6.85-$6.95 from $6.00-$6.20
- Dorman Products reports Q3 adjusted EPS $1.96, consensus $1.53
- DORM Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Dorman Products announces release of hundreds of new aftermarket components
- Dorman announces release of hundreds of aftermakert components, assemblies