Wolfe Research Downgrades Roper Techs to Peer Perform
Portfolio Pulse from Benzinga Newsdesk
Wolfe Research has downgraded Roper Technologies (NASDAQ:ROP) from Outperform to Peer Perform, as per analyst Brad Hewitt.
June 13, 2024 | 9:43 am
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NEGATIVE IMPACT
Wolfe Research has downgraded Roper Technologies from Outperform to Peer Perform. This downgrade may lead to a short-term negative impact on the stock price as investors react to the revised rating.
Analyst downgrades typically lead to a negative sentiment among investors, which can result in a short-term decline in the stock price. The downgrade from Outperform to Peer Perform suggests a less favorable outlook for Roper Technologies.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100