** Citi raises industrial parts maker Dover DOV.N to $226 from $202, a premium of 19.6% from the stock's last close

** Reiterates rating at 'buy'

** Expects about 20% of co's portfolio to grow at double-digit rates in 2025

** CITI sees signs of recovery in weaker areas like retail fueling, heat exchangers, and can making, which could boost overall growth

** Says these segments, along with already improving ones like biopharma connectors, are higher-margin businesses, supporting margin expansion as growth picks up

** Adds despite co lowering its 2025 growth forecast slightly due to potential tariffs and conservative currency assumptions, it hasn’t seen actual signs of weakening

** Shares of the co down nearly 1% at $187 in early trade

** Average of 20 brokerages rate the stock equivalent to 'hold'; median PT is $202- data compiled by LSEG

** Including session moves, shares are down 0.15% YTD

(Reporting by Apratim Sarkar)

((Apratim.Sarkar@thomsonreuters.com))