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BofA Securities Reiterates Buy Rating on Dover Corp. (DOV)

October 17, 2024 6:26 AM EDT

BofA Securities analyst Andrew Obin reiterated a Buy rating and $210.00 price target on Dover Corp. (NYSE: DOV)

The analyst comments "We base our $210 price objective on a 16x (previously 15x) EV/EBITDA multiple of our 2025 estimates. The higher multiple reflects rising peer valuations... More