Oppenheimer analyst Christopher Glynn raised the firm’s price target on Applied Industrial Technologies (AIT) to $305 from $260 and keeps an Outperform rating on the shares. The firm acknowledges recent multiple accretion, including stronger and broader Q1 2025 order patterns; positive reaction to election results; and moderate organic trend in recent quarters showing resilience vs. +16% in FY23 and +17% in FY22, affirmative of share-gain stickiness.
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