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Royal Bank Of Canada Forecasts Strong Price Appreciation for IDEX (NYSE:IEX) Stock
['Tyrone Williams']
Daily Political
The brokerage presently has an “outperform” rating on the industrial products company’s stock.
Royal Bank Of Canada’s price objective suggests a potential upside of 18.78% from the company’s current price.
Invesco Ltd. now owns 1,809,788 shares of the industrial products company’s stock worth $294,561,000 after purchasing an additional 250,447 shares during the period.
The firm raised its IDEX price target from $260 to $275 and upgraded the stock to “Buy,” citing an implied upside of approximately 17% from the referenced price.
The firm raised its IDEX price target from $260 to $275 and upgraded the stock to “Buy,” citing an implied upside of approximately 17% from the referenced price.