Dover price target raised to $179 from $153 at RBC Capital

RBC Capital analyst Deane Dray raised the firm’s price target on Dover to $179 from $153 and keeps a Sector Perform rating on the shares. The company is still in an intriguing stage of change as the hyper-cyclical oil & gas distraction that plagued the company in 2015-2016 when oil & gas was 25% of revenue is now gone, the analyst tells investors in a research note.