Fortive (FTV) PT Lowered to $84 at Wells Fargo

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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