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
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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.
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