UPDATE: Morgan Stanley Upgrades Dover to Equal-Weight

Morgan Stanley raises its rating on Dover DOV to Equal-weight from Underweight as shares appear to have already priced in near-term risk. Price target is at $65. Morgan Stanley says, "DOV has gained only 4% YTD, the worst performance in the group – and now trades at a deep discount. Near-term top-line risk is already priced in, with potential Energy upside driven by accelerating oil/gas mix shift." DOV closed at $60.86 on Thursday.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
date
ticker
name
Price Target
Upside/Downside
Recommendation
Firm
Posted In: Analyst ColorUpgradesPrice TargetIntraday UpdateAnalyst RatingsMorgan Stanley
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!