Evercore ISI Group Maintains In-Line on Fortrea Holdings, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Elizabeth Anderson maintains an In-Line rating on Fortrea Holdings (NASDAQ:FTRE) but lowers the price target from $22 to $20.
October 08, 2024 | 5:12 pm
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Evercore ISI Group has maintained its In-Line rating for Fortrea Holdings but has reduced the price target from $22 to $20, indicating a slightly less optimistic outlook.
The reduction in the price target from $22 to $20 by Evercore ISI Group suggests a less optimistic view on Fortrea Holdings' short-term performance. This could lead to a negative sentiment among investors, potentially impacting the stock price negatively in the short term.
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IMPORTANCE 80
RELEVANCE 100