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Fly News Breaks for November 6, 2019
IEX
Nov 6, 2019 | 17:22 EDT
Rosenblatt analyst Scott Graham initiated coverage of Idex Corp. with a Buy rating and $185 price target. The analyst says the company is a "safe-haven" in an industrial slowdown, offering strong long-term earnings track record and margins along with ROIC that is "well above peers." Graham adds he is positive on Idex's "unique and successful approaches to sales and margins" along with portfolio "laden with advanced technology businesses."
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