Ametek price target raised to $205 from $182 at KeyBanc

KeyBanc raised the firm’s price target on Ametek to $205 from $182 and keeps an Overweight rating on the shares. The firm notes Ametek remains one of the names at the top of its rankings, and KeyBanc continues to believe share price performance is being driven by strength of organic and inorganic growth drivers, perceptions of quality and cyclicality, direction and magnitude of EPS revisions, and balance sheet/free cash flow considerations.