Benchmark Maintains Buy Rating for Standex International: Here's What You Need To Know

Benchmark has decided to maintain its Buy rating of Standex International SXI and lower its price target from $205.00 to $190.00.

Shares of Standex International are trading up 4.87% over the last 24 hours, at $142.05 per share.

A move to $190.00 would account for a 33.76% increase from the current share price.

About Standex International

Standex International Corp is a us-based firm. It engages in manufacturing a variety of products and services for several commercial and industrial markets. It has five segments that include Electronics; Engraving; Scientific; Engineering Technologies and Specialty Solutions. With its business spread majorly in the United States, most of the company revenues come from the Electronics business that primarily includes manufacturing and selling of electronic components for applications throughout the end-user market spectrum.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.