Brean Murray Carret & Co. Upgrades IDEX Corp (IEX) to Buy; Exceptional Q1 Results

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 8/16/2026

1. AMAT
2. GLOB
3. SPY
4. RDDT
5. HTFL
6. SNDK
7. WDAY
8. ADYEN:NA
9. DVLT
10. ADYYF

April 21, 2011 7:28 AM EDT
Get Alerts IEX Hot Sheet
Price: $238.94 -0.08%

Rating Summary:
    15 Buy, 13 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
Join SI Premium – FREE
Brean Murray Carret & Co. upgraded IDEX Corp (NYSE: IEX) to Buy. PT $53.

Brean analyst says, "IDEX's Q1 results were in a word, exceptional. Top and bottom line performance came in above our and consensus expectations, as strong organic growth returned to the buld of the business model. Growth of acquisitions also contributed substantially, while operating margins in key reporting segments expanded." (Raises FY11 EPS estimate from $2.26 to $2.39 and FY12 from $2.48 to $2.66)

For more ratings news on IDEX Corp click here and for the rating history of IDEX Corp click here.

Shares of IDEX Corp closed at $44.54 yesterday.

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Upgrades

Related Entities

Brean Murray Carret & Co.