JP Morgan Maintains Overweight on Fortive, Raises Price Target to $79
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Stephen Tusa maintains an Overweight rating on Fortive (NYSE:FTV) and raises the price target from $78 to $79.
July 27, 2023 | 2:04 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
JP Morgan maintains an Overweight rating on Fortive and raises the price target from $78 to $79, which could potentially lead to an increase in the stock's price.
The raised price target by JP Morgan indicates a positive outlook for Fortive. This could potentially lead to an increase in the stock's price as it suggests that the analyst believes the stock is undervalued at its current price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100