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Fly News Breaks for May 15, 2019
IEX
May 15, 2019 | 06:56 EDT
Berenberg analyst Andrew Buscaglia initiated IDEX Corp. with a Buy rating and $180 price target, stating that its strong pricing power drives gross margins that are among the highest in the industrials space. He also believes the company's reinvestment accumen is underappreciated and that margin expansion will continue to surprise, Buscaglia tells investors.