From Earlier: Barrington Research Reiterates IDEX Outperform

Barrington Research reiterated its IDEX 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.