Baird Maintains Outperform Rating for Donaldson: Here's What You Need To Know

Baird has decided to maintain its Outperform rating of Donaldson DCI and raise its price target from $67.00 to $69.00.

Shares of Donaldson are trading up 1.15% over the last 24 hours, at $64.20 per share.

A move to $69.00 would account for a 7.48% increase from the current share price.

About Donaldson

Donaldson is a leading manufacturer of filtration systems and replacement parts (including air filtration systems, liquid filtration systems, and dust, fume, and mist collectors). The company serves a diverse range of end markets, including construction, mining, agriculture, truck, and industrial. Its business is organized into two segments: engine products and industrial products. Donaldson generated approximately $3.3 billion in revenue and $444 million in operating income in its fiscal 2022.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.