Wells Fargo Maintains Equal-Weight on Fortive, Raises Price Target to $79
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Joseph O'Dea has maintained an Equal-Weight rating on Fortive (NYSE:FTV) and increased the price target from $70 to $79.
December 19, 2023 | 1:45 pm
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Wells Fargo analyst Joseph O'Dea has reaffirmed an Equal-Weight rating on Fortive and raised the price target to $79, indicating a positive outlook on the stock.
The increase in price target by Wells Fargo suggests a more optimistic valuation of Fortive's stock, which could lead to increased investor confidence and a potential short-term rise in the stock price.
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