Reported 2 days ago
Dover Corporation (NYSE:DOV) has seen its price target raised from $217 to $220 by JPMorgan, which maintains an Overweight rating on the stock. This adjustment comes as part of the firm's earnings preview for Q3 within the electrical equipment and multi-industry sectors. Despite a cautious outlook for the short term, JPMorgan finds current valuations appealing. Dover, known for its strong dividend history, has increased its dividend for 69 consecutive years, currently offering a quarterly dividend of $0.52 per share.
Source: YAHOO