Barclays Maintains Overweight on Fortive, Raises Price Target to $97
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Julian Mitchell has maintained an Overweight rating on Fortive (NYSE:FTV) and increased the price target from $89 to $97.
April 02, 2024 | 6:28 pm
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POSITIVE IMPACT
Barclays has maintained an Overweight rating on Fortive and raised the price target from $89 to $97.
The upgrade in price target by a reputable analyst like Julian Mitchell from Barclays signals a strong confidence in Fortive's future performance. This is likely to positively influence investor sentiment and potentially increase the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100