TD Cowen Maintains Buy on IDEX, Lowers Price Target to $230
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Joseph Giordano maintains a Buy rating on IDEX (NYSE:IEX) but lowers the price target from $240 to $230.
August 07, 2024 | 9:32 pm
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NEUTRAL IMPACT
TD Cowen analyst Joseph Giordano maintains a Buy rating on IDEX but lowers the price target from $240 to $230.
The Buy rating suggests continued confidence in IDEX's performance, but the lowered price target indicates a slightly less optimistic outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100