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Dover (DOV) Stock Down After Credit Suisse Cut Price Target

2015-07-10 20:10:03| Industrial Machines - Topix.net

Credit Suisse cut their estimates specifically on organic sales growth and profit margins for the Energy and Refrigeration & Food segments, according to the analyst note. "We cut our estimates for Fluids a month ago as part of a broader set of sector estimate cuts, and assume Energy organic sales fall by 31% this year," Credit Suisse analysts said.

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