Truist raised its price target on SPX Technologies to $295 from $261 while maintaining a Buy rating. The adjustment came as part of a second-quarter preview for the machinery, infrastructure services, and multi-industry group, with the firm citing strong demand trends supported by secular growth tailwinds in power, data center, aerospace and defense, and infrastructure. Separately, SPX Technologies announced a leadership transition in its Detection & Measurement segment, with Eric Kaled set to succeed John Swann as segment leader on August 31, 2026, following Swann's planned retirement in January 2027.
SPX CorpTruist raised price target to $295 from $261, citing strong demand trends.
Truist Financial Corp