RBC Capital Maintains Outperform on AMETEK, Lowers Price Target to $188
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Deane Dray maintains an Outperform rating on AMETEK (AME) but lowers the price target from $192 to $188.
February 07, 2024 | 4:48 pm
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NEUTRAL IMPACT
RBC Capital maintains an Outperform rating on AMETEK but lowers the price target from $192 to $188.
The adjustment in price target by RBC Capital, while maintaining an Outperform rating, suggests a continued positive outlook on AMETEK but with slightly tempered expectations. This could lead to a neutral short-term impact on AME's stock price as the market digests the minor adjustment in the price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100