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Fly News Breaks for January 31, 2018
IEX
Jan 31, 2018 | 08:23 EDT
BMO Capital analyst Scott Graham raised his price target on IDEX to $143 and kept his Market Perform rating after the company's Q4 earnings beat. The analyst notes that the company has momentum in most businesses and M&A should accelerate this year, but believes the valuation is an "obstacle" to more meaningful upside.