RBC Capital Maintains Sector Perform on Fortive, Lowers Price Target to $77
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Deane Dray maintains a Sector Perform rating on Fortive (NYSE:FTV) but lowers the price target from $83 to $77.
July 25, 2024 | 4:09 pm
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RBC Capital analyst Deane Dray maintains a Sector Perform rating on Fortive but lowers the price target from $83 to $77.
The lowered price target from $83 to $77 by RBC Capital suggests a less optimistic outlook for Fortive's stock performance. This could lead to a short-term negative impact on the stock price as investors may adjust their expectations accordingly.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100