RBC Capital raised the firm’s price target on Dover (DOV) to $176 from $169 and keeps a Sector Perform rating on the shares. The company reported a “solid” Q1 with an operating earnings beat, and while there was an initial knee-jerk worry seeing Dover cut 2025 guide, that was all smoothed over hearing that it was strictly a conservative and preemptive action to account for a potential tariff fallout, the analyst tells investors in a research note.
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