RBC Capital Maintains Sector Perform on Fortive, Lowers Price Target to $83
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Deane Dray maintains a Sector Perform rating on Fortive (NYSE:FTV) and lowers the price target from $93 to $83.
April 25, 2024 | 3:51 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
RBC Capital has maintained its Sector Perform rating on Fortive but reduced the price target from $93 to $83.
The reduction in price target by RBC Capital suggests a bearish outlook on Fortive's short-term price potential, likely due to revised expectations on the company's future performance. This could lead to a negative sentiment among investors, potentially causing a short-term decrease in stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100