| 2017-04-21 08:07:17|
IEX 08:07 04/21 04/21/17
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.