Seeking Alpha

Colfax (CFX -4%) slips on a Deutsche Bank downgrade from Buy to Hold on valuation as it...

Colfax (CFX -4%) slips on a Deutsche Bank downgrade from Buy to Hold on valuation as it approaches the firm's $54 price target. Deutsche says that it still sees more upside potential for the shares, but cautions that it carries the most exposure to higher growth/emerging markets within its coverage universe, and a lack of improvement in emerging markets could, at minimum, delay prospective volume recovery in the company's short cycle welding business and limit earnings upside in the near term.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector