Jul. 20 at 11:45 AM
$SPXC SPX Technologies price target raised to
$280 from
$272 at Oppenheimer
Oppenheimer raised the firm's price target on SPX Technologies to
$280 from
$272 and keeps an Outperform rating on the shares. The firm views SPX as well positioned to hit the high end of 2026 guidance with robust growth momentum into next year. All in, Oppenheimer believes SPX remains well positioned for strong profitable growth through a wide range of macro scenarios - aided by over 80% Americas revenue mix, 2/3 replacement mix, and notable brand leadership - with notable insulation/prospective tailwinds from ongoing geopolitical conflict.
