UPDATE: Stifel Nicolaus Raises PT to $92 on SPX Corporation on Earnings Growth

Stifel Nicolaus maintained SPX Corporation (NYSE: SPW ) with a Buy rating and raised the price target from $85.00 to $92.00. Stifel Nicolaus commented, "While we understand investor concerns over the reported attempt by SPX to acquire Gardner Denver (GDI, not rated) late last year, the numbers here are pretty