B. Riley raised the firm’s price target on Ducommun (DCO) to $127 from $108 and keeps a Buy rating on the shares. Ducommun is expected to report Q4 results in late February, with the firm modeling revenue of $216M and EBITDA of $35M, slightly below consensus, but rising defense budgets and generational recapitalization in radar and missile platforms provide upside potential, the analyst tells investors in a research note.
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