Hi there,
DND is trading near record highs as it made a couple of recent acquisitions that is likely to boost their growth profile. Will they hit 90? If they keep growing at this pace, then they certain can hit $90 per share. It is important to note that the past year has seen some pretty significant gains across many industries. This isn't normal, and investors can't expect stocks to deliver triple digit returns every year. Over the past handful of years, very few stocks have been able to deliver that level of growth every year.
The one-year price target on DND is only $37 although recent, analysts have been revising upwards to the high 50s, low 60s as a result of new acquisitions. DND is not cheap, but is well positioned for growth in the coming years.
Of note I am long DND and am holding for the long term.
Mat