Where Fortive Stands With Analysts
Portfolio Pulse from Benzinga Insights
Fortive (NYSE:FTV) has received a mix of bullish and indifferent analyst ratings over the last quarter, with no bearish ratings. The average 12-month price target for the stock, according to 12 analysts, is $80.67, an increase of 6.27% from the previous average of $75.91.
August 23, 2023 | 3:01 pm
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POSITIVE IMPACT
Fortive has received a mix of bullish and indifferent ratings from analysts, with an increased average 12-month price target. This could potentially influence investor sentiment and the stock's price.
Analyst ratings can significantly influence investor sentiment and, consequently, a stock's price. The fact that Fortive has received a mix of bullish and indifferent ratings, with no bearish ones, and an increased average 12-month price target, suggests a generally positive outlook. This could potentially lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100