BUZZ-Ametek rises after BofA upgrades to 'buy' rating

Reuters12-17

** Industrial technology solutions provider Ametek's shares rise ~1.2% to $189.54

** BofA upgrades AME to "buy" from "neutral" rating

** Brokerage says AME makes components in niche markets, giving it pricing power

** BofA raises PT to $225 from $195, a ~20.1% upside on stock's last close

** 12 of 17 brokerages rate the stock "buy" or higher, 4 "hold" and 1 "sell"; their median PT is $205 - LSEG data

** Including session's moves, stock up ~14.89% YTD

(Reporting by Prakhar Srivastava in Bengaluru)

((Prakhar.srivastava2@thomsonreuters.com))

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