Dover price target raised to $200 from $190 at Wells Fargo

Wells Fargo analyst Joseph O’Dea raised the firm’s price target on Dover (DOV) to $200 from $190 and keeps an Equal Weight rating on the shares. The firm expects initial guidance for EPS of $10.50-$10.70 on positive 3%-5% organic growth, with positive low- to mid-single digit growth across all segments. Capital deployment optionality represents upside, Wells adds.