Wells Fargo Maintains Equal-Weight on Fortive, Raises Price Target to $82
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Joseph O'Dea maintains an Equal-Weight rating on Fortive (NYSE:FTV) and raises the price target from $75 to $82.
October 07, 2024 | 8:13 pm
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Wells Fargo has maintained its Equal-Weight rating on Fortive but increased the price target from $75 to $82, indicating a positive outlook.
The increase in the price target from $75 to $82 suggests a positive outlook for Fortive, which could lead to a short-term increase in stock price. The maintained Equal-Weight rating indicates a balanced view, but the raised target shows confidence in potential growth.
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