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Truist Securities has decided to maintain its Buy rating of Ducommun (NYSE:DCO) and raise its price target from $62.00 to $69.00.
Shares of Ducommun are trading up 0.41% over the last 24 hours, at $48.78 per share.
A move to $69.00 would account for a 41.45% increase from the current share price.
Ducommun Inc provides engineering & manufacturing services for high-performance products & high-cost-of failure applications used primarily in the aerospace and defense, industrial, medical & other industries. The company's reportable segments are Structural Systems & Electronic Systems. Structural Systems designs, engineers, and manufactures large, complex contoured aerostructure components & assemblies and supplies composite and metal bonded structures and assemblies. Electronic Systems designs, engineers, and manufactures high-reliability electronic & electromechanical products used in worldwide technology-driven markets including aerospace and defense, industrial, medical, & other end-use markets. It generates most of its revenue from the Electronic Systems.
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Posted In: DCO
