SPX Corp. (SPXC) Misses Q4 EPS by 5c; Issues Light FY16 EPS Outlook
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Deutsche Bank Upgrades SPX Corporation (SPXC) to Hold
February 26, 2016 7:32 AM ESTDeutsche Bank upgraded SPX Corporation (NYSE: SPXC) from Sell to Hold with a price target of $10.00 (from $6.50). The change follows the release of Q4 results.
Analyst John G. Inch said, "While on the surface the weak results may appear incrementally challenged, the company reported ~$85mm of adjusted core FCF (cash being quite important in this... More
