Fortrea Reports First Quarter 2024 Results

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Fortrea (FTRE) PT Lowered to $27 at BofA Securities

May 14, 2024 6:25 AM EDT

BofA Securities analyst Derik de Bruin lowered the price target on Fortrea (NASDAQ: FTRE) to $27.00 (from $33.00) while maintaining a Underperform rating.

The analyst comments "FY24 guide lowered for divest. but also underperformance A key focus of the call was FTREs updated guidance... More