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From Earlier: Barrington Research Reiterates IDEX Outperform

Barrington Research reiterated its IDEX (NYSE: IEX) Outperform rating in a research report published today. Barrington Research has a $50 price target on the company.

In the report, Barrington Research stated, "We continue to expect that IEX will be able to maintain a longterm EPS growth rate of at least 12% throughout the industrial cycle, which should support a higher valuation multiple for IEX compared to more cyclical industrial peers."

Shares of IDEX closed today at $41.47, up 1.37% from Monday's market close.

Posted-In: Barrington ResearchAnalyst Color Reiteration Analyst Ratings

 

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