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JPMorgan Maintains Overweight Rating on ESAB Corporation (ESAB)
Yahoo Finance· 2026-02-06 16:45
ESAB Corporation (NYSE:ESAB) is one of the 15 best Industrial Machinery and Supplies stocks to buy according to Hedge Funds. On February 3, JPMorgan analyst Tami Zakaria reaffirmed her Overweight rating on ESAB Corporation (NYSE:ESAB). She revised her price target downward from $140 to $138 amid a potential dilutive impact of nearly 6 cents a share in 2026, from the company’s pending acquisition of Eddyfi. The analyst also expressed reservations on the acquisition multiple of 14.5x, which appears higher b ...