There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Dover (DOV – Research Report) and Dada Nexus (DADA – Research Report) with bullish sentiments.
Dover (DOV)
Mizuho Securities analyst Brett Linzey maintained a Buy rating on Dover on March 8 and set a price target of $165.00. The company’s shares closed last Friday at $145.80.
According to TipRanks.com, Linzey is a 3-star analyst with an average return of
Dover has an analyst consensus of Moderate Buy, with a price target consensus of $161.83, implying a 7.5% upside from current levels. In a report issued on March 9, Robert W. Baird also initiated coverage with a Buy rating on the stock with a $176.00 price target.
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Dada Nexus (DADA)
In a report issued on March 9, Wei Fang from Mizuho Securities maintained a Buy rating on Dada Nexus, with a price target of $16.00. The company’s shares closed last Friday at $8.62.
Fang has an average return of
According to TipRanks.com, Fang is ranked #1955 out of 8348 analysts.
Currently, the analyst consensus on Dada Nexus is a Strong Buy with an average price target of $16.55, representing an 86.8% upside. In a report issued on March 9, Jefferies also maintained a Buy rating on the stock with a $14.20 price target.
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