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Benzinga
Benzinga
Business
Akanksha Bakshi

Cowen Upgrades This Illinois-Based Manufacturing Company

  • Cowen analyst Joseph Giordano upgrades IDEX Corp  (NYSE:IEX) to Outperform from Market Perform and maintains the price target of $220 (an upside of 15%).
  • The analyst notes that the company's diversity and cash deployment will help navigate the market volatility.
  • Price Action: IEX shares are trading higher by 4.01% at $190.64 on the last check Wednesday.
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