Benchmark raises ESCO price target on strength in aerospace, defense

Benchmark raises price target on ESCO Technologies ESE.N from $190 to $200, an upside of 15% to the stock's last close

Rating unchanged at "buy"

Performance at ESE's aerospace, defense, and utility solutions group looks strong for rest of the year - brokerage

Adds ESE setting up to have stronger margin profile than peers

Says acquisition of Maritime Solutions will increase exposure to global naval build out

Shares marginally up 1% at $175

Three of four brokerages rate the stock "buy" or higher, 1 "hold"; their median PT is $171.50

Including session moves, shares are up 30.5% YTD