IDEX (IEX) Gets a Buy from Argus Research
In a report released on April 30, John Eade from Argus Research maintained a Buy rating on IDEX, with a price target of $250.00. The company’s shares closed last Friday at $217.85.
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Eade covers the Industrials sector, focusing on stocks such as Generac Holdings, IDEX, and Equifax. According to TipRanks, Eade has an average return of 14.9% and a 65.45% success rate on recommended stocks.
IDEX has an analyst consensus of Moderate Buy, with a price target consensus of $239.82, implying a 10.08% upside from current levels. In a report released on April 30, Robert W. Baird also maintained a Buy rating on the stock with a $257.00 price target.
Based on IDEX’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $886.9 million and a net profit of $120 million. In comparison, last year the company earned a revenue of $814.3 million and had a net profit of $95.5 million
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- Idex Corp. price target raised to $242 from $230 at Oppenheimer
- Idex Corp. price target raised to $250 from $241 at Stifel
- Idex Corp. price target raised to $260 from $250 at TD Cowen
- IDEX Maintained at Hold as Analyst Lifts Price Target to $230 on Strong Q1 and HST Momentum Amid Macro Uncertainty
- Idex Corp. price target raised to $252 from $225 at RBC Capital
