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Wendy Boyd

Oppenheimer Upgrades Colfax On Growth Potential, 'Attractive' Valuation

Industrial manufacturing and engineering company Colfax Corp CFX 0.34% remains well-positioned for continued EPS and cash flow growth and intermediate share price outperformance, according to Oppenheimer. 

Analyst Bryan Blair upgraded Colfax from Perform to Outperform with a $42 price target. Source

Stochastics are oevrsold, so the upside is over for now. We can expect a breakout of the rising trend.