BofA analyst Sabrina Abrams raised the firm’s price target on Applied Industrial Technologies (AIT) to $290 from $275 and keeps a Buy rating on the shares after the company reported fiscal Q4 earnings that came in above the firm’s estimate and consensus and gave FY26 EPS guidance that bracketed consensus. Looking past “a relatively uneventful quarter and noisy margin guide,” the firm sees several reasons to stay constructive, the analyst tells investors.
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