Idex Corp. price target raised to $255 from $243 at Citi

Citi raised the firm’s price target on Idex Corp. to $255 from $243 and keeps a Buy rating on the shares. The company’s lowered 2023 outlook appears to have been largely anticipated by investors and estimates could now largely be “derisked,” the analyst tells investors in a research note. Citi believes investors are now likely to increasingly focus on Idex’s longer-term growth potential.