Mizuho lowered the firm’s price target on Idex Corp. (IEX) to $170 from $185 and keeps a Neutral rating on the shares. The firm says the company’s “erratic” orders rates continue amid tough market conditions from extended destocking and tariffs .
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Read More on IEX:
- IDEX Corporation Reports Strong Q2 Sales Amid EPS Decline
- IDEX Corporation’s Earnings Call Highlights Mixed Outlook
- Idex Corp. reports Q2 adjusted EPS $2.07, consensus $1.99
- Idex Corp. sees Q3 adjusted EPS $1.90-$1.95, consensus $2.17
- Idex Corp. cuts FY25 adjusted EPS view to $7.85-$7.95 from $8.10-$8.45
