TD Cowen raised the firm’s price target on Ametek (AME) to $260 from $230 and keeps a Buy rating on the shares. The firm updated its model where results showed an excellent blend of strength, recovery, and capital deployment.
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Read More on AME:
- Ametek price target raised to $235 from $230 at Mizuho
- Ametek price target raised to $220 from $210 at Barclays
- Resilient Revenue and Margin Caution Keep Ametek at Hold
- AMETEK (AME) Earnings Call Highlights Record Year
- Ametek: Robust End Markets, Improving Growth Momentum, and Ample Capital Firepower Underpin Buy Rating and Higher $260 Target