Stifel lowered the firm’s price target on Idex Corp. (IEX) to $241 from $244 and keeps a Buy rating on the shares. The firm thinks Q1 earnings season is likely to “provide few surprises or guidance changes to act as catalysts” for its flow control and multi-industry coverage, the analyst tells investors in a preview for the group.
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Read More on IEX:
- IDEX: Cyclical Recovery and Emerging Secular Growth in Fluid Technologies, AI Infrastructure, and Space Communications Support Buy Rating
- Idex Corp. initiated with a Market Perform at BMO Capital
- BMO Capital Maintains Hold on IDEX Amid Solid Fundamentals but Limited Near-Term Upside and Cyclical Exposure
- Idex Corp. management to meet with DA Davidson
