Mizuho Boosts Dover (DOV) Price Target Citing Lower Tariff Risk and Strategic Investments

Dover Corporation (NYSE:DOV) ranks among the top stocks for an early retirement portfolio. Mizuho maintained its Outperform rating on Dover Corporation (NYSE:DOV) while increasing its price target from $215 to $225 on June 13.

Mizuho Boosts Dover Price Target Citing Lower Tariff Risk and Strategic Investments

The research firm’s more optimistic view was attributed in large part to “accelerating secular trends” and a “derisked 2025 guide” in Dover’s portfolio. Dover Corporation (NYSE:DOV) has been enhancing its portfolio, according to Mizuho, by employing a systematic approach to investing that involves organic investments across attractive vertical markets, divestitures, and mergers and acquisitions.

It’s anticipated that Dover Corporation (NYSE:DOV) will continue to streamline its portfolio, which should further simplify the company’s corporate structure, according to Mizuho. The firm added that tariff headwinds have been “meaningfully reduced” for Dover in the foreseeable future.

Dover Corporation (NYSE:DOV) provides an array of industrial products, including data cooling, fuel systems, clean energy, biopharma, and vehicle maintenance. It operates across five business divisions with an emphasis on precise engineering, automation, and sustainability.

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Read More: 10 Best Magic Formula Stocks for 2025 and 10 Best Retirement Stocks to Buy According to Hedge Funds

Disclosure: None.