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 SPX Corporation (NYSE: SPW).
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.
Latest Ratings for SPW
Date | Firm | Action | From | To |
---|---|---|---|---|
Sep 2015 | Susquehanna | Maintains | Neutral | |
Jul 2015 | Seaport Global | Initiates Coverage On | Neutral | |
Jun 2015 | Bank of America | Upgrades | Underperform | Buy |
View More Analyst Ratings for SPW
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Posted-In: Morgan Stanley Nigel CoeAnalyst Color Reiteration Analyst Ratings