The Analyst Landscape: 8 Takes On Fortive
Portfolio Pulse from Benzinga Insights
Eight analysts have recently evaluated Fortive (NYSE:FTV), with a mix of bullish and bearish perspectives. The average 12-month price target is $85.25, a decrease from the previous $88.14. Fortive's financials show a revenue growth of 1.7% but lag in net margin, ROE, and ROA compared to industry averages.
September 05, 2024 | 6:00 pm
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NEUTRAL IMPACT
Fortive has received mixed analyst ratings with a new average price target of $85.25, down from $88.14. The company shows revenue growth but struggles with profitability metrics compared to industry averages.
The mixed analyst ratings and lowered price target suggest a neutral short-term impact on Fortive's stock. While revenue growth is positive, the company's lagging profitability metrics may concern investors.
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