Jefferies Raises Donaldson PT To $67 (DCI)

Jefferies raised its Donaldson DCI price target from $62 to $67 in a research report published today. In the report, Jefferies states, "As a market leader in providing filtration technology for the engine and industrial markets, Donaldson provides investors both a solid play on an industrial recovery, and a longer-term play on secular trends in favor of clean air, liquid and gases for the industrial, power and electronics markets." Shares of Donaldson closed Monday at $58.34, down 5.57% from Wednesday's market close.