JP Morgan Maintains Overweight on Fortive, Raises Price Target to $87
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Stephen Tusa maintains an Overweight rating on Fortive (NYSE:FTV) and raises the price target from $83 to $87.
February 01, 2024 | 2:26 pm
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JP Morgan analyst Stephen Tusa maintains an Overweight rating on Fortive and raises the price target from $83 to $87.
The increase in price target by a reputable analyst such as Stephen Tusa from JP Morgan is a strong positive signal for Fortive. It suggests a bullish outlook on the company's future performance and potential for stock price appreciation. This kind of endorsement typically leads to increased investor confidence and can drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100