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Dorman Products: 70% Downside As Cyclical Headwinds Pick Up & Aggressive Accounting Unwinds
- Imminent cyclical headwinds and a consolidating customer base likely to hurt future results.
- Aggressive accounting is masking fundamental deterioration.
- Peak valuation leaves no more margin for error.
- Substantial stealth insider selling.
- Price target: $15 (73% downside).
Dorman Products: Strong Fundamentals, Attractive Price
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