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Standex price target lowered to $200 from $207 at DA Davidson

DA Davidson analyst Michael Shlisky lowered the firm’s price target on Standex (SXI) to $200 from $207 and keeps a Buy rating on the shares after its Q3 results. The company had one negative organic quarter left, but it looks like this trend is inflecting starting with the current quarter, the analyst tells investors in a research note. Organic growth could accelerate in the second half of FY26 as Amran/Narayan laps its first year in the portfolio, the firm adds.

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