Fortive Reports Strong First Quarter 2024 Results; Raises Full Year 2024 Outlook

Go back to Fortive Reports Strong First Quarter 2024 Results; Raises Full Year 2024 Outlook

Fortive (FTV) PT Lowered to $83 at RBC Capital

April 25, 2024 6:42 AM EDT

RBC Capital analyst Deane Dray lowered the price target on Fortive (NYSE: FTV) to $83.00 (from $93.00) while maintaining a Sector Perform rating.

The analyst comments "Sector Perform-rated Fortive reported a modest 3c/4% 1Q24 operating beat on higher organic revenues/margins. 2024 guidance was tweaked 0.5%... More