Fortive forecasts lower-than-expected 2025 profit on sluggish product demand
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Fortive (FTV) PT Raised to $90 at Raymond James
February 10, 2025 10:10 AM ESTRaymond James analyst Brian Gesuale raised the price target on Fortive (NYSE: FTV) to $90.00 (from $85.00) while maintaining a Outperform rating.
The analyst comments "FTV produced a solid 4Q quarter result bookended by a 40 bp organic growth beat vs. our model (1.8% vs. RJ 1.4%), roughly inline AEBIT margin (28.7% vs. consensus... More
