Baird Maintains Neutral on AMETEK, Lowers Price Target to $171
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Richard Eastman maintains a Neutral rating on AMETEK (AME) and lowers the price target from $173 to $171.
May 06, 2024 | 10:45 am
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NEUTRAL IMPACT
Baird analyst Richard Eastman maintains a Neutral rating on AMETEK and lowers the price target from $173 to $171.
The adjustment in price target by Baird, while maintaining a Neutral rating, suggests a minor revision in valuation expectations without a change in the overall outlook for AMETEK. This could lead to a neutral short-term impact on AME's stock price as the market absorbs the slight adjustment in price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100