IDEX shares fall 1.37% premarket after Mizuho Securities cuts price target to $170.

Idex Corporation fell 1.37% in premarket trading. The decline may be attributed to the recent price target adjustments by Mizuho Securities and RBC, which lowered their targets to $170 and $200 respectively. Additionally, the acquisition of Micro-LAM, Inc. by IDEX Corporation, while a strategic move, may not have been perceived as immediately bullish by investors.