Seeking Alpha

Dover (DOV +2.9%) is raised to Buy from Hold by Stifel Nicolaus, citing "balance sheet capacity...

Dover (DOV +2.9%) is raised to Buy from Hold by Stifel Nicolaus, citing "balance sheet capacity for meaningful accretive acquisitions" in the near future, low relative exposure to Europe, and a positive view on DOV's management given portfolio improvements in the past four years. The firm notes 2012 guidance is "significantly better" than expected.
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