RBC Capital Maintains Sector Perform on Fortive, Raises Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Deane Dray has maintained a 'Sector Perform' rating on Fortive (NYSE:FTV) and increased the price target from $75 to $80.

February 01, 2024 | 3:49 pm
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POSITIVE IMPACT
Fortive's price target has been raised from $75 to $80 by RBC Capital, maintaining a 'Sector Perform' rating.
The increase in price target by a reputable analyst like Deane Dray suggests a positive outlook on Fortive's stock, potentially leading to increased investor confidence and a short-term price increase. The 'Sector Perform' rating indicates that the stock is expected to perform in line with the sector, suggesting stability.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 90