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ESAB price target raised to $100 from $93 at Evercore ISI

Evercore ISI raised the firm’s price target on ESAB to $100 from $93 and keeps an In Line rating on the shares. After updating its model, the firm’s FY24 EPS estimate moves up to $4.93, which is above the high end of the initial guidance range and greater than consensus at $4.81, the analyst tells investors in a post-earnings note.

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