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Ametek upgraded to Buy from Neutral at BofA

BofA analyst Andrew Obin upgraded Ametek (AME) to Buy from Neutral with a price target of $225, up from $195. The firm, which sees more potential M&A upside, is raising its 2025 estimates “further above consensus” on macro tailwinds, the analyst tells investors. The firm now forecasts 10% year-over-year adjusted EPS growth in 2025 to $7.50, or 4% above consensus, the analyst noted.

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