By: Benzinga
February 06, 2013 at 12:56 PM EST
UPDATE: Jefferies Raises PT on IDEX Corporation on 4Q12 EPS
In a report published Wednesday, Jefferies reiterated its Hold rating on IDEX Corporation (NYSE: IEX ), and raised its price target from $47.00 to $53.00. Jefferies noted, “4Q12 EPS from ops increased 7% and modestly exceeded expectations. Core sales were flat but orders increased. We have increased conviction in our
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