Jul. 2 at 11:18 AM
$SPXC SPX Technologies price target raised to
$295 from
$261 at Truist
Truist raised the firm's price target on SPX Technologies to
$295 from
$261 and keeps a Buy rating on the shares. The firm adjusted estimates and targets in the machinery, infrastructure services, and multi-industry group as part of a Q2 preview. Truist sees positive setup for Q2 earnings reports across the sector. Demand trends remain strong across the group, with continued support from secular growth tailwinds in power, data center, aerospace and defense, and infrastructure, the analyst tells investors in a research note.
