B of A Securities Maintains Underperform on Fortrea Holdings, Lowers Price Target to $26
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Derik De Bruin maintains an Underperform rating on Fortrea Holdings (NASDAQ:FTRE) and lowers the price target from $27 to $26.
July 18, 2024 | 12:45 pm
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B of A Securities has maintained its Underperform rating on Fortrea Holdings and lowered the price target from $27 to $26, indicating a bearish outlook.
The Underperform rating and lowered price target from a major analyst firm like B of A Securities suggest a negative sentiment towards Fortrea Holdings. This is likely to put downward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100