Fortive Reports Second Quarter 2017 Results and Announces Agreement to Acquire Industrial Scientific Corporation

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Fortive (FTV) PT Raised to $66 at RBC Capital Following 2Q Beat

July 28, 2017 7:15 AM EDT

RBC Capital raised its price target on Fortive (NYSE: FTV) to $66.00 (from $65.00) while maintaining a Sector Perform rating following the company's 2Q. The company reported 2Q17 cash EPS of $0.71, beating consensus of $0.69 in addition to its $0.65-$0.69 guidance range. The upside in the... More