Idex Corp. price target raised to $220 from $215 at DA Davidson

DA Davidson analyst Matt Summerville raised the firm’s price target on Idex Corp. to $220 from $215 and keeps a Neutral rating on the shares after its Q4 earnings beat. Most of Idex’s end markets are fairly sound at present, led by water, energy transition, space/broadband, A&D, and fire, though headwinds remain in life sciences/instrumentation, agriculture, and dispensing, the analyst tells investors in a research note.