Colfax raised at Argus

• Argus has upgraded Colfax (CFX +3.3%) to Buy from Hold, stating the company is making progress on both revenue and margins.
• "Over the long term, we see Colfax, a mid-cap company with a focus on power generation, energy and infrastructure, as an emerging leader in the Industrial sector," the firm said, assigning the stock a price target of $44.