The Latest Analyst Ratings For Fortrea Holdings
Portfolio Pulse from Benzinga Insights
Analysts have provided mixed ratings for Fortrea Holdings (NASDAQ:FTRE) over the past three months, with a recent average 12-month price target of $31.11, down from $37.20. The company faces financial challenges, including a decline in revenue growth and high debt-to-equity ratio.
June 06, 2024 | 2:00 pm
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NEGATIVE IMPACT
Analysts have mixed ratings for Fortrea Holdings, with a recent average 12-month price target of $31.11, down from $37.20. The company faces financial challenges, including a decline in revenue growth and high debt-to-equity ratio.
The mixed analyst ratings and lowered price targets indicate a bearish sentiment. The company's financial challenges, such as declining revenue growth and high debt-to-equity ratio, further support a negative short-term outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100