RBC Capital Maintains Outperform on IDEX, Lowers Price Target to $236
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Deane Dray maintains an Outperform rating on IDEX (NYSE:IEX) but lowers the price target from $250 to $236.
August 02, 2024 | 8:22 pm
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RBC Capital analyst Deane Dray maintains an Outperform rating on IDEX but lowers the price target from $250 to $236.
The Outperform rating suggests continued confidence in IDEX's performance, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100