Seaport Research lowered the firm’s price target on Idex Corp. (IEX) to $220 from $245 and keeps a Buy rating on the shares. The firm continues to believe in the company’s business model and thinks the recovery should start up throughout the general industry, the analyst tells investors.
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Read More on IEX:
- IDEX Corporation Exceeds Q1 Expectations Amid Challenges
- Positive Outlook for IDEX: Buy Rating Affirmed Amid Strong Q1 Performance and Strategic Adjustments
- Idex Corp. price target lowered to $215 from $226 at Baird
- Idex Corp. price target raised to $208 from $206 at RBC Capital
- IDEX Corporation Reports Strong Order Growth Amid Earnings Decline
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