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SPX Technologies (SPXC) Well-Positioned for Data Center Infrastructure Evolution
Yahoo Finance· 2026-02-06 08:45
Group 1 - SPX Technologies (NYSE:SPXC) is recognized as one of the top 15 Industrial Machinery and Supplies stocks favored by hedge funds, with a moderately bullish sentiment as of February 3 [1] - The stock has received coverage from 6 analysts, with 4 assigning Buy ratings and 2 Hold ratings, indicating a positive outlook [1] - The median 1-year price target for SPX Technologies is set at $229, suggesting an upside potential of nearly 8% from the current level [1] Group 2 - TD Cowen reaffirmed its Hold rating on SPX Technologies with a price target of $225, citing concerns over Nvidia's cooling technology shift impacting data center infrastructure [2] - Despite the evolving landscape, SPX Technologies is viewed as well-positioned due to its products being integral for heat rejection in liquid-cooled data center systems [2] - SPX Technologies specializes in engineered infrastructure equipment, focusing on energy efficiency and performance across various markets, including detection, measurement, and HVAC [3]