Baird raised the firm’s price target on Applied Industrial Technologies (AIT) to $275 from $250 and keeps an Outperform rating on the shares. The firm said it was a good quarter and the company remains well positioned.
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Read More on AIT:
- Applied Industrial Technologies (AIT) Smashes Quarterly Expectations, Analysts Are Bullish
- Applied Industrial Technologies Reports Solid Earnings Amidst Sales Dip
- Applied Industrial Technologies raises quarterly dividend 24% to 46c per share
- Applied Industrial Technologies reports Q2 EPS $2.39, consensus $2.21
- Applied Industrial Technologies raises FY25 adjusted EPS view to $9.65-$10.05
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