UPDATE: Morgan Stanley Reiterates on Dover Following NYC Investor Event

In a report published Thursday, Morgan Stanley analyst Nigel Coe reiterated an Equal-Weight rating on

, but removed the $81.00 price target. In the report, Morgan Stanley noted, “Dover hosted an NYC investor event yesterday evening that provided more specifics on the new segment structure, introduced the two new segment leaders (Andy Fincher and Bill Johnson), refreshed long-term targets and ran through latest thoughts on capital allocation.” Dover closed on Wednesday at $79.87.