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Fly News Breaks for January 16, 2020
AME
Jan 16, 2020 | 08:58 EDT
Baird analyst Richard Eastman downgraded Ametek to Neutral from Outperform following the company's announcement to divest one of its more cyclical business units. The analyst incorporated the divestiture into his estimates and as a results sees limited upside especially given its gains last year. Eastman maintained his $96 price target on Ametek shares.
News For AME From the Last 2 Days
AME
Dec 1, 2021 | 08:03 EST
Ametek has acquired Alphasense, a provider of gas and particulate sensors for use in environmental, health and safety, and air quality applications. Alphasense designs and manufactures a range of gas detection sensors used in fixed and portable detection systems. Alphasense is headquartered in Great Notley, Essex, UK, and has annual sales of approximately GBP25M. Alphasense joins Ametek as part of its Electronic Instruments Group.