Idex Corp. price target raised to $240 from $230 at Seaport Research

Seaport Research analyst Walt Liptak raised the firm’s price target on Idex Corp. to $240 from $230 and keeps a Buy rating on the shares post the Q4 report. The analyst is encouraged by some early signs of recovery in the businesses, including biopharma getting a little better and some short cycle businesses doing well in January. The firm would continue to use pullbacks in the stock as buying opportunities.