Douglas Dynamics price target raised to $39 from $35 at DA Davidson

DA Davidson raised the firm’s price target on Douglas Dynamics (PLOW) to $39 from $35 and keeps a Buy rating on the shares after hosting meetings with investors. The firm’s discussion with the company management were “largely positive”, and Douglas Dynamics seemed bullish on most areas of its Solutions business, where backlogs are robust, the analyst tells investors in a research note.