Form 10-Q Fortrea Holdings Inc. For: Jun 30

Go back to Form 10-Q Fortrea Holdings Inc. For: Jun 30

Fortrea (FTRE) PT Lowered to $30 at Citi

August 12, 2024 4:54 PM EDT

Citi analyst Patrick Donnelly lowered the price target on Fortrea (NASDAQ: FTRE) to $30.00 (from $42.00) while maintaining a Buy rating.

The analyst comments "On the call, management pointed to 4Q EBITDA margins ranging 11-12% and framed FY25 EBITDA margins in that same range,... More