Goldman Sachs upgraded Ducommun (DCO) to 'Buy' with $80 target price, surpassing Q2 EPS and revenue estimates.

Goldman Sachs upgraded Ducommun (DCO) from a 'Neutral' to 'Buy' rating, setting a $80 target price, while Truist Financial reissued a 'Buy' rating and set a $72 target price. Ducommun reported Q2 EPS of $0.83, surpassing analyst estimates of $0.63, and revenue of $197 million, exceeding analyst projections of $194.57 million. The aerospace and defense company has a market cap of $951.39 million and a P/E ratio of 54.33.

August 16, 2024
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