Demystifying Fortrea Holdings: Insights From 4 Analyst Reviews
Portfolio Pulse from Benzinga Insights
Fortrea Holdings (NASDAQ:FTRE) has been analyzed by four analysts, showing a range of opinions from bullish to bearish. The average 12-month price target is $37.00, with a high of $43.00 and a low of $33.00. Analyst actions include both upgrades and downgrades, reflecting diverse perspectives on the company's performance and market position. Fortrea, a contract research organization, has shown positive revenue growth and a strong net margin but faces challenges in ROE, ROA, and a high debt-to-equity ratio.
May 14, 2024 | 12:00 pm
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NEUTRAL IMPACT
Fortrea Holdings has received mixed analyst ratings, with an unchanged average price target of $37.00. The company's financial performance shows positive revenue growth but challenges in ROE, ROA, and high debt levels.
The mixed analyst ratings and unchanged price target suggest a neutral short-term impact on FTRE's stock price. Positive revenue growth could support the stock, but concerns over financial metrics like ROE, ROA, and debt levels may counterbalance optimism. The direct mention of FTRE and detailed financial analysis indicate a high relevance and importance for investors, with a high confidence level in the analysis based on the detailed financial data and analyst opinions provided.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100