Donaldson (DCI) Reports Q3 EPS of $0.45, Beats on Revenues; Offers FY17 Guidance

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UPDATE: Jefferies Upgrades Donaldson Company (DCI) to Buy

May 31, 2017 5:01 AM EDT

(Updated - May 31, 2017 5:53 AM EDT)

(updated to add analyst comment)

Jefferies upgraded Donaldson Company (NYSE: DCI) from Hold to Buy with a price target of $54.00 (from $49.00).

ANalyst Laurence Alexander comments "[w]ith increasing evidence its end-markets are exiting the multi-year trough, operating... More