Dover Corp Expands Global Partnership with Bottomline for Advanced Fuel Retail Solutions

Citi analyst Andrew Kaplowitz raised Dover's (DOV) price target to $226 from $202 and maintained a Buy rating. Kaplowitz expects solid Q2 results and slightly increased 2025 earnings outlooks for the industrial conglomerate group. Dover was elevated to Citi's top multi-stock pick and placed on a "90-day positive Catalyst Watch" due to growth in high-margin businesses.

Citigroup analyst Andrew Kaplowitz has maintained a buy rating on Dover Corporation (DOV) while raising the price target to $226, up from $202. This move reflects positive analyst sentiment towards Dover, as indicated by recent analyst ratings and price targets. According to TipRanks, 11 analysts have given DOV a moderate buy rating in the past three months, with eight analysts rating it as a buy and three holding a hold position [1].

Kaplowitz expects solid second-quarter (Q2) results and slightly increased 2025 earnings outlooks for Dover. The analyst's rating and price target adjustment come on the heels of Dover's recent earnings call, which highlighted strong margins and strategic positioning. Dover's overall score reflects its robust financial performance, with technical and valuation scores suggesting stability and reasonable valuation, though not as impactful as financial metrics [1].

Dover has received a total of 10 buy ratings, 5 hold ratings, and 0 sell ratings in the current month, according to TipRanks. This strong analyst consensus underscores the positive outlook for Dover's stock performance [1]. Additionally, Citi has elevated Dover to its top multi-stock pick and placed it on a "90-day positive Catalyst Watch" due to growth in high-margin businesses such as biopharma, thermal connectors, heat exchanges, and beverage can making [2].

References:
[1] https://www.tipranks.com/stocks/dov/forecast
[2] https://www.cnbc.com/2025/07/14/were-adding-to-a-stalled-industrial-stock-that-just-got-a-big-endorsement-on-wall-street.html