Baird Reiterates Outperform Rating on Donaldson (DCI)

Group 1 - Donaldson Company (NYSE:DCI) is recognized as one of the top 15 Industrial Machinery and Supplies stocks to buy according to hedge funds [1] - Analyst Robert Mason from Baird maintained an Outperform rating on Donaldson Company and raised the price target from $100 to $110 following the announcement of a CEO transition [1] - Jefferies upgraded its rating on Donaldson Company from Hold to Buy and adjusted its price target from $92 to $120, indicating an upside of nearly 19% based on recovery indicators in mining and non-residential construction markets [2] Group 2 - Donaldson Company specializes in technology-led filtration systems and replacement parts, operating in three segments: Mobile Solutions, Industrial Solutions, and Life Sciences [3] - The company serves various markets including agriculture, defense, and manufacturing, offering products such as air filtration, hydraulic and emissions systems, and sensors [3]