Barclays Reinstates Equal-Weight on Fortrea Holdings, Announces $30 Price Target
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Luke Sergott has reinstated an Equal-Weight rating on Fortrea Holdings (NASDAQ:FTRE) and announced a $30 price target.
July 25, 2024 | 12:19 pm
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Barclays analyst Luke Sergott has reinstated an Equal-Weight rating on Fortrea Holdings (NASDAQ:FTRE) and set a price target of $30.
The reinstatement of an Equal-Weight rating and the announcement of a $30 price target by Barclays is a neutral signal for Fortrea Holdings. The price target provides a benchmark for investors, but the Equal-Weight rating suggests that the stock is expected to perform in line with the market.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100