DORM Similar Chart Price Prediction
The price of DORM is predicted to go up 6.15%, based on the high correlation periods with PKE. The similarity of these two price pattern on the periods is 94.17%.
DORM
PKE
Up: 6.15%Similarity: 94.17%
DORM Revenue Forecast
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DORM Analyst's Forecast
Scott Stember
Roth MKM
Strong Buy
2024-11-04
Price Target
$126 → $153
Upside
+14.41%
Roth MKM analyst Scott Stember raised the firm's price target on Dorman Products to $153 from $126 and keeps a Buy rating on the shares, saying Roth MKM "remains highly constructive" on the stock following "blowout" Q3 earnings. With no signs of a slowdown in Light Duty demand, a near-bottoming in the Heavy Duty segment, and an elevated margin profile, the firm anticipates a continuation of significant earnings growth in Q4 and heading into FY25 , the analyst tells investors in a research note.
