JP Morgan Upgrades Fortive to Overweight, Raises Price Target to $92
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Stephen Tusa has upgraded Fortive (NYSE:FTV) from Neutral to Overweight and increased the price target from $90 to $92.
October 10, 2024 | 12:30 pm
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POSITIVE IMPACT
JP Morgan has upgraded Fortive to Overweight and increased its price target to $92, indicating a positive outlook on the stock.
The upgrade from Neutral to Overweight by JP Morgan suggests increased confidence in Fortive's performance. The raised price target to $92 indicates potential for stock price appreciation, likely leading to positive investor sentiment and a short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100