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IEX

IDEX Corp.

$100.16

6.16 (6.55%)

08:07
04/21/17
04/21
08:07
04/21/17
08:07

IDEX Corp. price target raised to $104 from $94 at Baird

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.

  • 09

    May

  • 09

    May

IEX IDEX Corp.
$100.16

6.16 (6.55%)

07/19/16
07/19/16
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Chipotle (CMG) upgraded to Outperform from Underperform at CLSA with analyst Jeremy Scott saying the Chiptopia loyalty program is a highly compelling and engaging platform that re-energized its most loyal customers while providing a large-scale acquisition of customer data. 2. Hasbro (HAS) upgraded to Overweight from Neutral at Piper Jaffray with analyst Stephanie Wissink saying the recent pullback in shares provides an opportunity to buy for "holiday 2016 and full year 2017 drivers." 3. IDEX Corp. (IEX) upgraded to Buy from Neutral at Janney Capital with analyst Michael Gaugler saying the company's commentary that North American industrial end markets are showing signs of stabilization was probably more relevant than the second quarter results. 4. Ethan Allen (ETH) upgraded to Outperform from Market Perform at Telsey Advisory with analyst Cristina Fernandez saying Ethan Allen has renewed sales momentum and sees several initiatives in the next few quarters that could sustain sales and drive shares higher. 5. Tesoro (TSO) upgraded to Buy from Neutral at Citi with analyst Faisel Khan saying the shares are trading at a significant discount to net asset value. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
12/07/16
RBCM
12/07/16
DOWNGRADE
RBCM
Sector Perform
IDEX Corp. downgraded to Sector Perform from Outperform at RBC Capital
12/07/16
RBCM
12/07/16
DOWNGRADE
RBCM
Sector Perform
IDEX Corp. downgraded on valuation, lack of cyclical exposure at RBC Capital
As noted earlier, RBC Capital downgraded IDEX Corp to Sector Perform from Outperform. Analyst Deane Dray downgraded the stock based on valuation and her belief that more cyclical stocks will perform better after President-elect Trump takes office. Target $101.
03/02/17
JANY
03/02/17
DOWNGRADE
JANY
Neutral
IDEX Corp. downgraded to Neutral from Buy at Janney Capital
Janney Capital analyst Michael Gaugler downgraded IDEX Corp. to Neutral citing valuation.

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