Wells Fargo Maintains Equal-Weight on Fortive, Lowers Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Joseph O'Dea has maintained an Equal-Weight rating on Fortive (NYSE:FTV) and lowered the price target from $75 to $70.
October 26, 2023 | 1:02 pm
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NEGATIVE IMPACT
Wells Fargo has maintained an Equal-Weight rating on Fortive and lowered the price target from $75 to $70.
The lowering of the price target by Wells Fargo indicates a potential decrease in the stock price of Fortive in the short term. This is likely to have a negative impact on the stock's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100