Baird raised the firm’s price target on Fortive to $89 from $87 and keeps an Outperform rating on the shares. The firm said they posted a Clean 4Q sales/EPS beat, highlighting the combined durability and potential of its segment structure.
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Read More on FTV:
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- Fortive announces replenishment of buyback authorization
- Fortive price target raised to $78 from $76 at Barclays
- Vertical Research prunes multi-industry Buys with two downgrades
- Fortive downgraded to Hold from Buy at Vertical Research
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