Market source Deals and strategy
IDEX (IEX) Rides A Strong Narrative, Is It Still Below Fair Value?
IDEX (IEX) has shown strong performance over the past year with a 47.17% total return, driven by solid revenue and net income. While its share price has risen significantly, analysts still consider it undervalued, with a fair value estimated at $254.50 compared to its last close of $238.94. The company's recent acquisition of Mott is expected to enhance …