Dorman Products (DORM) Earning Somewhat Favorable Press Coverage, Report Shows
News headlines about Dorman Products (NASDAQ:DORM) have trended somewhat positive on Tuesday, according to Accern. The research firm identifies negative and positive news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Dorman Products earned a media sentiment score of 0.17 on Accern’s scale. Accern also gave media stories about the auto parts company an impact score of 46.9310337904363 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
These are some of the news articles that may have impacted Accern’s scoring:
- Dorman Products (DORM) Lifted to “Buy” at BidaskClub (americanbankingnews.com)
- Trailer Hitch Market Competition by Top Manufacturers and Forecast to 2025 (prnewswire.co.uk)
- DORM Makes Notable Cross Below Critical Moving Average (nasdaq.com)
- Northern Kentucky Chamber Eggs ‘N Issues tackles the challenges of addiction in the workplace (nkytribune.com)
- Dorman Products Inc. (DORM) Receives Consensus Recommendation of “Hold” from Brokerages (americanbankingnews.com)
Several equities analysts have recently weighed in on the company. BidaskClub raised Dorman Products from a “hold” rating to a “buy” rating in a research report on Friday. B. Riley reissued a “neutral” rating and set a $65.00 target price (down previously from $75.00) on shares of Dorman Products in a research report on Wednesday, November 1st. Zacks Investment Research downgraded Dorman Products from a “hold” rating to a “sell” rating in a research report on Friday, November 3rd. FBR & Co reissued a “neutral” rating and set a $65.00 target price (down previously from $75.00) on shares of Dorman Products in a research report on Monday, October 30th. Finally, Jefferies Group reissued a “hold” rating and set a $75.00 target price on shares of Dorman Products in a research report on Sunday, October 29th. Four investment analysts have rated the stock with a hold rating, one has issued a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $68.33.
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Dorman Products Company Profile
Dorman Products, Inc is a supplier of replacement parts and fasteners for passenger cars, light trucks and heavy duty trucks in the automotive aftermarket. As of December 31, 2016, the Company distributed and marketed approximately 155,000 different stock keeping units (SKU’s) of automotive replacement parts and fasteners.
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