SPX Technologies price target raised to $212 from $200 at B. Riley

B. Riley raised the firm’s price target on SPX Technologies (SPXC) to $212 from $200 and keeps a Buy rating on the shares ahead of the Q3 earnings report on October 30. The company should report key metrics that are in line with, or better than, expectations following solid results in both segments during Q2 and momentum that continued into early Q3, along with raised FY guidance, the analyst tells investors in a research note.