Dover price target raised to $206 from $203 at RBC Capital

RBC Capital analyst Deane Dray raised the firm’s price target on Dover (DOV) to $206 from $203 and keeps a Sector Perform rating on the shares. Dover reported a modest operating beat vs. consensus for Q2 and is initiating 7-8 facility closures and maximizing growth and margin opportunities across five platforms, the analyst tells investors in a research note. The outlook for the second half of 2025 remains “steady.”