KeyBanc raised the firm’s price target on Applied Industrial Technologies to $210 from $195 and keeps an Overweight rating on the shares. The firm cites upside opportunities from secular tailwinds and automation business.
Protect Your Portfolio Against Market Uncertainty
- Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter.
- Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AIT:
- Applied Industrial Technologies initiated with an Outperform at Oppenheimer
- Medical Properties Trust to replace Applied Industrial Technologies in S&P 600
- Applied Industrial Technologies to replace Medical Properties Trust in S&P 400
- Applied Industrial Technologies management to meet with Oppenheimer