Truist Securities Maintains Buy on Fortive, Lowers Price Target to $82
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Jamie Cook maintains a Buy rating on Fortive (NYSE:FTV) but lowers the price target from $89 to $82.
July 25, 2024 | 2:40 pm
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NEUTRAL IMPACT
Truist Securities maintains a Buy rating on Fortive but lowers the price target from $89 to $82.
The maintained Buy rating suggests continued confidence in Fortive's performance, but the lowered price target indicates some caution about its near-term prospects. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100