RBC Capital Maintains Outperform on IDEX, Raises Price Target to $248
Portfolio Pulse from Benzinga Newsdesk
RBC Capital has maintained its 'Outperform' rating on IDEX Corporation (NYSE:IEX) and raised the price target from $236 to $248.
October 31, 2024 | 7:31 pm
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POSITIVE IMPACT
RBC Capital has reaffirmed its 'Outperform' rating for IDEX Corporation and increased the price target from $236 to $248, indicating confidence in the company's future performance.
The increase in price target from $236 to $248 by RBC Capital suggests a positive outlook on IDEX's future performance. The 'Outperform' rating indicates that the analyst expects IDEX to perform better than the market average, which is likely to positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100