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Ducommun price target raised to $76 from $70 at Truist

Truist analyst Michael Ciarmoli raised the firm’s price target on Ducommun (DCO) to $76 from $70 and keeps a Buy rating on the shares after its Q1 earnings beat. Record quarterly margins helped to produce a solid bottom line beat, while the management reaffirmed its 2025 revenue growth outlook of mid-single-digit growth, the analyst tells investors in a research note. The strategy of increasing higher margin engineered content is working and tracking ahead of plan thanks to organic growth from recent acquisition, Truist adds.

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