UBS raised the firm’s price target on SPX Technologies (SPXC) to $210 from $182 and keeps a Buy rating on the shares. SPX posted another solid quarter, beating Q2 expectations and raising EPS guidance by 4%, the analyst tells investors in a research note. UBS sees better than expected progress in 2025 and remains bullish on the outsized growth.
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Read More on SPXC:
- SPX Technologies Reports Strong Q2 2025 Results
- SPX Technologies raises FY25 adjusted EPS view to $6.35-$6.65 from $6.10-$6.40
- SPX Technologies reports Q2 adjusted EPS $1.65, consensus $1.45
- SPX Technologies price target raised to $193 from $175 at Sidoti
- SPX Technologies price target raised to $197 from $170 at Oppenheimer