BMO starts Dover coverage with 'market perform'

Dover

27/03/2026 11:59

** BMO initiates coverage on industrial equipment maker Dover DOV.N with "market perform" rating; sets PT at $237

** PT represents a 13.3% upside to stock's last close

** Brokerage says co's decision to reduce exposure to capital-intensive businesses and better align with growth, niche markets, aftermarket, regulatory tailwinds and technology differentiation has improved earnings

** "Data center exposure through connectors for liquid cooling and components for single-use biopharma production supported by a structural transition are encouraging" - Brokerage

** As of last close, shares up about 7.2% YTD

(Reporting by Parth Chandna)

((Parth.Chandna@thomsonreuters.com;))