Skip to main content

Market Overview

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

Share:

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

DateFirmActionFromTo
Sep 2015SusquehannaMaintainsNeutral
Jul 2015Seaport GlobalInitiates Coverage OnNeutral
Jun 2015Bank of AmericaUpgradesUnderperformBuy

View More Analyst Ratings for SPW
View the Latest Analyst Ratings

 

Related Articles (SPW)

View Comments and Join the Discussion!

Posted-In: Morgan Stanley Nigel CoeAnalyst Color Reiteration Analyst Ratings

Latest Ratings

StockFirmActionPT
SPGIBMO CapitalMaintains428.0
INFOBMO CapitalMaintains110.0
RHCowen & Co.Maintains680.0
LRCXCowen & Co.Maintains700.0
ANTMCowen & Co.Maintains395.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com