Deutsche Bank Maintains Hold on Fortrea Holdings, Lowers Price Target to $28
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Justin Bowers maintains a Hold rating on Fortrea Holdings (NASDAQ:FTRE) but lowers the price target from $36 to $28.
May 23, 2024 | 5:07 pm
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Deutsche Bank has maintained its Hold rating on Fortrea Holdings but has lowered the price target from $36 to $28, indicating a more cautious outlook.
The lowered price target from $36 to $28 suggests a more cautious outlook on Fortrea Holdings' future performance, which could negatively impact investor sentiment and short-term stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100