Standex price target raised to $210 from $190 at Benchmark

Benchmark analyst Michael Legg raised the firm’s price target on Standex to $210 from $190 and keeps a Buy rating on the shares. The firm believes market headwinds are beginning to abate and notes that the current order uptick in sensor orders has “previously served as a leading indicator,” adding that it also believes the company has an active M&A pipeline to fuel inorganic growth in FY25.