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Shares of Standex International Corp. (SXI) recently surpassed the average analyst 12-month target price of $207.25, trading at $208.62 per share. This development prompts analysts to consider either downgrading their valuation or raising their target price, contingent on business fundamentals driving the stock’s price increase.
There are four analyst targets contributing to the average, with one target as low as $185.00 and another as high as $220.00. The standard deviation among these targets is $16.34. Analysts recently assigned five “Strong Buy” ratings, one “Hold” rating, and no “Sell” ratings, resulting in an average rating of 1.33 on a scale where 1 is a “Strong Buy” and 5 is a “Strong Sell.”
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