Douglas Dynamics price target raised to $34 from $32 at DA Davidson

DA Davidson analyst Michael Shlisky raised the firm’s price target on Douglas Dynamics (PLOW) to $34 from $32 and keeps a Buy rating on the shares. Ag is finally at trough amid a “truly historic” bottom for tractor sales, while in Trucks, the Class 8 Vocational markets may be seeing signs of strain, the analyst tells investors in a research note.