Wells Fargo analyst Joseph O’Dea initiated coverage of SPX Technologies (SPXC) with an Overweight rating and $205 price target The company offers “compelling earnings outgrowth” versus peers, the analyst tells investors in a research note. SPX’s pricing power and volume leverage should drive continued gains while it sees strong contribution from data centers, the analyst tells investors in a research note.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SPXC: