Dover Corporation (NYSE: DOV) is ranked among the top 15 Industrial Machinery and Supplies stocks to buy by Hedge Funds. Analyst Walter Liptak reiterated a Buy rating and raised the price target on DOV from $230 to $245, projecting over 18% upside for investors.

Following strong fourth-quarter results that exceeded estimates, analyst Joe Ritchie from Goldman Sachs increased his price target on Dover Corporation (NYSE: DOV) from $220 to $224 while maintaining a Buy rating. Despite slightly lower growth forecasts, the company remains optimistic based on solid orders.

Dover Corporation (NYSE: DOV) is a diverse industrial products manufacturer with a product portfolio including consumable supplies, equipment, aftermarket parts, and digital solutions. The company operates in five segments: Climate & Sustainability Technologies, Clean Energy & Fueling, Engineered Products, Imaging & Identification, and Pumps & Process Solutions.

Read more at Yahoo Finance: Seaport Maintains Buy Rating on Dover Corporation (DOV)