Mizuho Maintains Neutral on Fortive, Raises Price Target to $80-Report Released on 31 January 2024
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Brett Linzey maintains a Neutral rating on Fortive (FTV) and raises the price target from $70 to $80 as of 31 January 2024.
February 01, 2024 | 3:48 pm
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NEUTRAL IMPACT
Mizuho analyst Brett Linzey maintains a Neutral rating on Fortive and raises the price target from $70 to $80.
The adjustment in price target by Mizuho reflects a positive outlook on Fortive's valuation, yet the maintenance of a Neutral rating suggests that the analyst sees limited upside potential or existing risks that could cap significant stock price appreciation in the short term. This analysis is based on the information provided and assumes that market conditions and the company's performance align with the analyst's expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 90