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Fly News Breaks for April 21, 2017
IEX
Apr 21, 2017 | 08:07 EDT
Baird analyst Michael Halloran raised his price target on IDEX Corp. to $104 from $94 following its Q1 beat. The analyst cited its healthy organic sales, solid year-over-year margin expansion, and positive organic growth. He believes earnings guidance is conservative and calls IDEX a best-in-class franchise. Halloran reiterated his Outperform rating on IDEX Corp. shares.
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