tiprankstipranks
The Fly

Ametek upgraded to Buy from Neutral at BofA

Ametek upgraded to Buy from Neutral at BofA

BofA analyst Andrew Obin upgraded Ametek (AME) to Buy from Neutral with a price target of $225, up from $195. The firm, which sees more potential M&A upside, is raising its 2025 estimates “further above consensus” on macro tailwinds, the analyst tells investors. The firm now forecasts 10% year-over-year adjusted EPS growth in 2025 to $7.50, or 4% above consensus, the analyst noted.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

1