Evercore ISI Group Upgrades Fortrea Holdings to Outperform, Raises Price Target to $36
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Elizabeth Anderson upgraded Fortrea Holdings (NASDAQ:FTRE) from In-Line to Outperform and increased the price target from $32 to $36.
December 01, 2023 | 1:10 pm
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Fortrea Holdings was upgraded by Evercore ISI Group from In-Line to Outperform, with a price target boost from $32 to $36, indicating a positive outlook on the stock.
Upgrades by analysts, especially from a reputable firm like Evercore ISI Group, can lead to increased investor confidence and a potential short-term rise in the stock price. The raise in price target to $36 suggests a belief in the company's potential to grow and perform well in the near future.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100