EnPro price target raised to $230 from $220 at KeyBanc

KeyBanc analyst Jeffrey Hammond raised the firm’s price target on EnPro (NPO) to $230 from $220 and keeps an Overweight rating on the shares. The firm was impressed by another quarter of resiliency in the EnPro portfolio despite still-challenged end markets, and feels the Enpro 3.0 launch reinforces its thesis around the company’s transformation and increased focus on organic growth initiatives.