Jefferies analyst Sheila Kahyaoglu initiated coverage of Arxis (ARXS) with a Buy rating and $42 price target The Arcline-backed manufacturer of electronic and mechanical components has a highly diverse, end-market agnostic compounding strategy, backed by “a premier PE sponsor,” the analyst tells investors. Proprietary low-dollar SKUs support through-cycle organic growth of 9% per year, the analyst added.
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Read More on ARXS:
- Arxis initiated with a Sector Perform at RBC Capital
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- Arxis initiated with a Buy at Rothschild & Co Redburn