Truist Securities Maintains Buy on Fortive, Lowers Price Target to $89
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Buy rating on Fortive (NYSE:FTV) but has slightly lowered the price target from $90 to $89.
November 01, 2024 | 2:35 pm
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NEUTRAL IMPACT
Truist Securities maintains a Buy rating on Fortive but slightly lowers the price target from $90 to $89, indicating a minor adjustment in expectations.
The maintenance of a Buy rating suggests continued confidence in Fortive's performance, but the slight reduction in the price target indicates a minor adjustment in expectations. This is likely to have a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100