Barclays Maintains Overweight on Fortive, Raises Price Target to $96
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Julian Mitchell maintains an Overweight rating on Fortive (NYSE:FTV) and raises the price target from $94 to $96.
September 26, 2024 | 2:17 pm
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Barclays analyst Julian Mitchell has maintained an Overweight rating on Fortive and increased the price target from $94 to $96, indicating a positive outlook on the stock.
The increase in price target from $94 to $96 by Barclays suggests a positive sentiment towards Fortive's future performance. The Overweight rating indicates that the analyst expects the stock to outperform the market, which could lead to a short-term increase in stock price.
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