Goldman Sachs Raises Numbers On Dover (DOV) Ahead of Investor Meeting

December 2, 2011 8:27 AM EST
Get Alerts DOV Hot Sheet
Price: $201.92 +1.02%

Rating Summary:
    19 Buy, 10 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 8 | Down: 5 | New: 26
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Goldman Sachs raised estimates and its price target on Buy-rated Dover Corp. (NYSE: DOV) from $62 to $64 ahead of Monday's investor meeting.

The firm said concerns about downturns in semi cap and solar and slowing growth
in energy are overdone. They see the investor meeting marking a turn in sentiment
and enhancing long-term investors' view of upside from on-going structural change.

Goldman raised 2012-13 EPS to $4.70/$5.05 from $4.50/$4.85.

For an analyst ratings summary and ratings history on Dover Corp. click here. For more ratings news on Dover Corp. click here.

Shares of Dover Corp. closed at $54.76 yesterday.


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