Donaldson Reports Record Fourth Quarter and Fiscal Year 2024 Sales and Earnings

Go back to Donaldson Reports Record Fourth Quarter and Fiscal Year 2024 Sales and Earnings

Morgan Stanley Reiterates Underweight Rating on Donaldson Company (DCI)

August 28, 2024 7:27 AM EDT

Morgan Stanley analyst Angel Castillo reiterated an Underweight rating and $62.00 price target on Donaldson Company (NYSE: DCI).

The analyst comments "We expect a mixed stock reaction to DCI's F4Q24 EPS beat and guidance that brackets consensus, but is below at the midpoint, with shares to ultimately cue off of management commentary on the call. DCI reported... More