Wolfe Research Downgrades Fortive to Peer Perform
Portfolio Pulse from Benzinga Newsdesk
Wolfe Research has downgraded Fortive Corporation from Outperform to Peer Perform, indicating a less favorable outlook for the company's stock performance.
September 06, 2024 | 10:08 am
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Wolfe Research has downgraded Fortive Corporation from Outperform to Peer Perform, suggesting a less optimistic view on the stock's potential performance.
The downgrade from Outperform to Peer Perform by Wolfe Research indicates a shift in the analyst's outlook on Fortive's stock, which could lead to a negative short-term impact on its price as investors react to the less favorable rating.
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