Citigroup Initiates Coverage On Fortrea Holdings with Neutral Rating, Announces Price Target of $32
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Patrick Donnelly has initiated coverage on Fortrea Holdings (NASDAQ:FTRE) with a Neutral rating and a price target of $32.
October 19, 2023 | 3:50 pm
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Citigroup has initiated coverage on Fortrea Holdings with a Neutral rating and a price target of $32.
The initiation of coverage by Citigroup, a major financial institution, is a significant event for Fortrea Holdings. The Neutral rating suggests that Citigroup does not expect significant price movement in the short term. The price target of $32 provides a benchmark for investors, but it does not necessarily imply a strong upward or downward trend.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100