JPMorgan Chase & Co. has increased its price target for Fortive (NYSE:FTV) from $57.00 to $63.00, while maintaining an “underweight” rating. This new target implies a potential upside of approximately 7.14% from the stock’s previous closing price. The company recently reported Q4 EPS of $0.90, exceeding analyst expectations, and revenue of $1.12 billion, also beating estimates.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Fortive (NYSE:FTV) Price Target Raised to $63.00
JPMorgan Chase & Co. has increased its price target for Fortive (NYSE:FTV) from $57.00 to $63.00, while maintaining an “underweight” rating. This new target implies a potential upside of approximately 7.14% from the stock’s previous closing price. The company recently reported Q4 EPS of $0.90, exceeding analyst expectations, and revenue of $1.12 billion, also beating estimates.