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Stock impact report

SPX Technologies: Shares Are Getting Close To A Downgrade [Seeking Alpha]

SPX Corporation (SPXC) 
Last spx corporation earnings: 4/30 04:15 pm Check Earnings Report
Company Research Source: Seeking Alpha
SPXC's backlog has reached an all-time high, supporting management's bullish outlook for further revenue and earnings growth in the near term. Despite impressive operational performance, SPXC shares trade at lofty valuation multiples, making the stock expensive relative to peers and historical norms. Maintaining a "Hold" rating, I recognize SPXC's quality and growth but caution that a downgrade is possible if fundamentals weaken or valuation stretches further. TrongNguyen/iStock via Getty Images One interesting company that I frankly don't look at enough is SPX Technologies ( SPXC ). In fact, the last article that I wrote about the business was published way back in June of 2021. And although the firm has significantly More on my IG service Crude Value Insights offers you an investing service and community focused on oil and natural gas. We focus on cash flow and the companies that generate it, leading to value and growth prospects with real potential. Subscribers get t Show less Read more
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