Wells Fargo Maintains Equal-Weight on Fortive, Lowers Price Target to $84
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Joseph O'Dea has maintained an Equal-Weight rating on Fortive (NYSE:FTV) and reduced the price target from $92 to $84.

April 25, 2024 | 2:26 pm
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Wells Fargo analyst Joseph O'Dea maintains an Equal-Weight rating on Fortive and lowers the price target from $92 to $84.
The reduction in price target by Wells Fargo, a major financial institution, could lead to a negative short-term sentiment among investors towards Fortive. This adjustment reflects a less optimistic outlook on the company's future stock performance, potentially influencing investor behavior and the stock's market price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100