Fortive price target lowered to $95 from $98 at Barclays

Barclays lowered the firm’s price target on Fortive (FTV) to $95 from $98 and keeps an Overweight rating on the shares post the earnings report. The “long-feared Fluke / IOS ‘leg down’ has now occurred,” clearing the deck for the stock to perform better into 2025, the analyst tells investors in a research note.