TD Cowen lifts Ametek to 'buy' rating on growth prospects

Ametek

23/12/2025 12:04

** TD Cowen upgrades rating on industrial tools maker Ametek AME.N to "buy" from "hold," lifts PT to $230 from $180

** New PT an upside of 11.5% from the stock's last close

** Brokerage says co is performing well, supported by steady utility markets, fast-growing commercial aerospace and improving medical and automation business

** AME's electromechanical unit is set for steady gains in 2026, positioning it well if the economy turns more cyclical, says TD Cowen

** Brokerage says FARO Technologies deal marks a positive turnaround after challenges with Paragon deal

** 11 of 19 brokerages rate the stock "buy" or higher, 8 "hold"; their median PT is $230- data compiled by LSEG

** As of last close, shares up 14.4% YTD

 (Reporting by Apratim Sarkar in Bengaluru)

 ((Apratim.Sarkar@thomsonreuters.com))