Baird raised the firm’s price target on Applied Industrial Technologies (AIT) to $275 from $250 and keeps an Outperform rating on the shares. The firm said it was a good quarter and the company remains well positioned.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AIT:
- Applied Industrial Technologies (AIT) Smashes Quarterly Expectations, Analysts Are Bullish
- Applied Industrial Technologies Reports Solid Earnings Amidst Sales Dip
- Applied Industrial Technologies raises quarterly dividend 24% to 46c per share
- Applied Industrial Technologies reports Q2 EPS $2.39, consensus $2.21
- Applied Industrial Technologies raises FY25 adjusted EPS view to $9.65-$10.05