RBC Capital Initiates Coverage On Veralto with Sector Perform Rating, Announces Price Target of $78
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Deane Dray has initiated coverage on Veralto (NYSE:VLTO) with a Sector Perform rating and a price target of $78.
November 06, 2023 | 5:09 pm
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RBC Capital has initiated coverage on Veralto with a Sector Perform rating and a price target of $78.
The initiation of coverage by RBC Capital with a Sector Perform rating suggests that the analyst believes Veralto's stock will perform in line with the sector average. The price target of $78 indicates the analyst's expectation of the stock's future price. This news could influence investors' perception of the stock, but it doesn't necessarily indicate a significant change in the stock's fundamentals.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100