SQUAWK/NEWS
Menu
Live News EQUITY H impact

SPX Technologies price target raised to $266 from $259 at Wolfe Research

Wolfe Research raised the firm's price target on SPX Technologies to $266 from $259 and keeps an Outperform rating on the shares. There may be upside to prior guidance of about $350M of data center revenue for the year on faster capacity expansions, the analyst tells investors in a research note. The firm added that investor sentiment is generally positive.

SPXC.USEQUIT

Wolfe Research raised the firm's price target on SPX Technologies to $266 from $259 and keeps an Outperform rating on the shares.

There may be upside to prior guidance of about $350M of data center revenue for the year on faster capacity expansions, the analyst tells investors in a research note.

The firm added that investor sentiment is generally positive.