Dover price target raised to $174 from $167 at Oppenheimer

Oppenheimer raised the firm’s price target on Dover to $174 from $167 and keeps an Outperform rating on the shares. The company’s investor day event showcased Dover’s path to continued outperformance, the analyst tells investors in a research note. The firm views Dover’s medium-term financial targets as reasonable and achievable and came away from the event incrementally confident in Dover’s status as a core industrial holding.