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Snyder Capital Management L P Cuts Stake in IDEX Corporation $IEX
Snyder Capital Management L P reduced its stake in IDEX Corporation by 1.6% in the third quarter, now holding 489,700 shares valued at approximately $79.7 million. Despite this reduction, IDEX maintains a “Moderate Buy” consensus rating from analysts with an average price target of $228.22, following strong quarterly earnings and optimistic full-year guidance. Institutional investors collectively own a significant 97.96% of the company’s stock.