UPDATE: Morgan Stanley Downgrades Dover as Risk/Reward is Now Slanting Neutral/Negative

In a report published Monday, Morgan Stanley analyst Nigel Coe downgraded the rating on Dover Corp. (NYSE: DOV ) from Overweight to Equal-Weight, but raised the price target from $93.00 to $94.00. In the report, Morgan Stanley noted, “For the last year, we have argued that Dover's FY13 guidance (which