Langenberg & Company Downgrades SPX Corp. (SPW) to Hold

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 8/6/2026

1. SPCX
2. AMD
3. BKNG
4. DOX
5. ANET
6. HUBS
7. PINS
8. WDC
9. HNGE
10. SNDK

January 2, 2013 3:09 PM EST
Get Alerts SPW Hot Sheet
Price: $49.44 +2.25%

Rating Summary:
    10 Buy, 10 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 7 | Down: 19 | New: 1
Join SI Premium – FREE
Langenberg & Company downgraded SPX Corp. (NYSE: SPW) from Buy to Hold with a price target of $75.00.

The firm comments, "This pains us – the theoretical upside is at least $104 on break up value versus a downside (ex "cliff-light" coming up at a dysfunctional political environment near you) of perhaps $60. Still – this company is obviously not in break up mode given recent talks with GDI and thermal orders are weak. We just don’t have conviction but would revisit near $60."

For an analyst ratings summary and ratings history on SPX Corp. click here. For more ratings news on SPX Corp. click here.

Shares of SPX Corp. closed at $70.15 yesterday.

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

You May Also Be Interested In





Related Categories

Downgrades