UPDATE: Stifel Nicolaus Raises PT on SPX Corporation on Earnings Growth Potential
August 01, 2013 at 10:57 AM EDT
In a report published Thursday, Stifel Nicolaus analyst Nathan Jones reiterated a Buy rating on SPX Corporation (NYSE: SPW ), and raised the price target from $87.00 to $91.00. In the report, Stifel Nicolaus noted, “Despite a $0.15 beat on 2Q13 guidance, SPW reduced full year guidance by $0.075 at