IDEX has High Quality Portfolio Balance, 'Reasonable' Near-Term Expectations, Oppenheimer Says

MT Newswires Live06-02

IDEX (IEX) has unique high-quality portfolio balance and "reasonable" near-term expectations, Oppenheimer analysts said in a note emailed Tuesday.

For IDEX, analysts see increasingly solid prospects for accelerating top-line and bottom-line growth over 2026 and 2027, and supportive valuation metrics.

Oppenheimer expects strong growth from the company going ahead, particularly from the artificial intelligence-related ecosystem, including in semiconductors, onsite power generation and liquid cooling.

Analysts said that IDEX's high-margin Fluid & Metering Technologies business is well positioned for a near-term rebound with diversified industrial leverage and Intelligent Water adoption.

Oppenheimer reiterated its outperform rating and raised its price target to $250 from $242.

Price: 211.37, Change: +3.78, Percent Change: +1.82

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