RBC Capital Maintains Sector Perform on Fortive, Lowers Price Target to $77
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Deane Dray has maintained a Sector Perform rating on Fortive (NYSE:FTV) but has lowered the price target from $85 to $77.
October 31, 2024 | 7:34 pm
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RBC Capital has maintained its Sector Perform rating on Fortive but reduced the price target from $85 to $77, indicating a more cautious outlook.
The lowering of the price target from $85 to $77 by RBC Capital suggests a more cautious outlook on Fortive's stock performance. This could lead to a negative short-term impact on the stock price as investors may adjust their expectations based on the revised target.
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IMPORTANCE 80
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