Stifel Maintains Buy on IDEX, Lowers Price Target to $236
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Nathan Jones maintains a Buy rating on IDEX (NYSE:IEX) but lowers the price target from $265 to $236.

July 18, 2024 | 3:34 pm
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Stifel analyst Nathan Jones maintains a Buy rating on IDEX but lowers the price target from $265 to $236.
The Buy rating suggests continued confidence in IDEX's performance, but the lowered price target indicates a more cautious outlook on its short-term potential. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100