Morgan Stanley Sees Key Issues for SPX Corporation Ahead of 4Q13 Earnings Report

In a report published Thursday, Morgan Stanley analyst Nigel Coe reiterated an Overweight rating and $108.00 price target on

. In the report, Morgan Stanley noted, “SPW continues to trade at a substantial discount to our $120 SotP and so realistic consensus estimates, combined with further evidence of traction on portfolio and productivity actions, can continue to drive out performance. Reiterate OW and $108 PT.” SPX Corporation closed on Wednesday at $94.34.