Oppenheimer Maintains Outperform Rating for SPX Techs: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Oppenheimer has maintained its Outperform rating for SPX Techs (NYSE:SPXC) and raised its price target from $97.00 to $100.00. This would represent a 25.03% increase from the current share price. SPX Techs, which supplies engineered HVAC products, detection and measurement technologies, and power equipment, generates most of its revenue from the American domestic market.
September 21, 2023 | 5:00 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Oppenheimer's maintained Outperform rating and increased price target for SPX Techs could potentially drive the stock price up in the short term.
Analyst ratings and price targets can significantly influence investor sentiment and stock prices. In this case, Oppenheimer's decision to maintain an Outperform rating and raise the price target for SPX Techs indicates a positive outlook for the company, which could potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100