Ametek price target raised to $215 from $205 at Oppenheimer

Oppenheimer analyst Christopher Glynn raised the firm’s price target on Ametek (AME) to $215 from $205 and keeps an Outperform rating on the shares. The firm notes Ametek put up a solid Q2 beat, with flat organic, with revenue upside at both segments and with majority of U.S.-to-China sales materializing as the steepest tariffs were on hold.