Baird Maintains Outperform on Fortrea Holdings, Lowers Price Target to $28
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Eric Coldwell maintains an Outperform rating on Fortrea Holdings (NASDAQ:FTRE) but lowers the price target from $38 to $28.

August 13, 2024 | 10:52 am
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Baird analyst Eric Coldwell maintains an Outperform rating on Fortrea Holdings but lowers the price target from $38 to $28.
The Outperform rating suggests continued confidence in Fortrea Holdings' performance, but the lowered price target indicates some concerns about future growth or market conditions. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100