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Posted by
Two Blokes Jul 29 -
Filed in
Stock
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3 views
I am upgrading AMETEK to a 'Buy' with a $199 price target, anticipating an earnings surprise despite negative analyst sentiment. Aerospace, defense, and power markets may provide strong tailwinds, while industrials and medical devices are set for recovery as inventory digestion winds down. Recent acquisitions, robust US/EU industrial investments, and macroeconomic certainty from tariff policy position AME for moderate growth in FY25 and beyond.
