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Oppenheimer Reiterates Outperform Rating on Applied Industrial Technologies (AIT)

August 19, 2024 4:03 PM EDT

Oppenheimer analyst Chris Glynn reiterated an Outperform rating and $235.00 price target on Applied Industrial Technologies (NYSE: AIT).

The analyst comments "AIT delivered strong FY4Q24 margins on modestly light sales amidst some choppiness in organic trends, but with broadly strong customer engagement across engineered... More