Fortive (FTV) Tops Q3 EPS by 3c

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Go back to Fortive (FTV) Tops Q3 EPS by 3c

Fortive (FTV) PT Raised to $72 at Stifel on 3Q Report; 'Acquisitions Plus Execution Drive Another Round of Positive Estimate Revisions'

October 27, 2017 8:49 AM EDT

Stifel raised its price target on Fortive (NYSE: FTV) to $72.00 (from $62.00) while maintaining a Hold rating, following the company's third quarter earnings report.

Analyst Patrick Newtown notes a positive outlook on the shares, commenting that "Fortive reported 3Q17 revenue and pro forma EPS... More