TD Cowen Upgrades Fortive to Buy, Raises Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
TD Cowen has upgraded Fortive (NYSE:FTV) from Hold to Buy and raised the price target from $75 to $90, as per analyst Joseph Giordano.
July 08, 2024 | 11:06 am
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TD Cowen analyst Joseph Giordano has upgraded Fortive (NYSE:FTV) from Hold to Buy and increased the price target from $75 to $90. This upgrade reflects a positive outlook on the company's future performance.
The upgrade from Hold to Buy and the significant increase in the price target from $75 to $90 by a reputable analyst suggests a strong positive outlook for Fortive. This is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100