IEX

IDEX Corporation

2026-01-16 08:15 PM

+3.62%

IDEX gains on RBC price target raise, extending multi-day rally

RBC Capital analyst Deane Dray raised his price target on IDEX from $195 to $211 while maintaining a Buy rating, according to Futunn. The new target implies roughly 7% upside from current levels.

Analysis

Today's gain extends a five-day winning streak that has seen the stock climb steadily, recovering from a sharp 6.6% drop on January 9th that had no clear catalyst. The analyst upgrade provides a reasonable explanation for today's outperformance versus the industrial sector, though the multi-day pattern suggests broader positive sentiment may also be at play. The stock is now trading above the analyst's previous $195 target.

Sources

RBC Capital Maintains IDEX Corp(IEX.US) With Buy Rating, Raises Target Price to $211

Date: 2026-01-16

Price: $197.43

Type: Stock Specific

Confidence: medium