Alert: Major Price Advance (4/8/24)-Ducommun Inc (NYSE: DCO).

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Ducommun Inc (NYSE: DCO) stock enjoyed a major increase of 15.0% on 4/8/24. The shares closed at $55.86. Moreover, exceptionally high trading volume at 687% of normal accompanied the advance. The stock has risen 8.9% during the last week and has been strong relative to the market over the last nine months.

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Current PriceTarget Research Rating

DCO is expected to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Ducommun has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Ducommun has a slightly positive Appreciation Score of 62 and a good Power Rating of 72, and the Positive Value Trend Rating results.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.

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