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Ametek downgraded to Peer Perform at Wolfe Research

Feb. 23, 2023 9:58 AM ETAMETEK, Inc. (AME)HON, ROP, FTVBy: Rob Williams NY, SA News Editor1 Comment

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Ametek (NYSE:AME) on Thursday was downgraded to Peer Perform from a prior investment rating of Outperform by analysts at Wolfe Research. They said shares in the maker of electronic instruments have become expensive compared with

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Expensive for sure. Low growth and they can only cut so much cost and fire so many employees. At some point, they actually need people to work at their companies. Here's an idea, reduce the top heavy management.

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