Truist raised the firm’s price target on Roper Technologies to $660 from $575 and keeps a Buy rating on the shares after its Q4 results. The firm is boosting its FY24 revenue view for the company to $6.89B from $6.62B to reflect its “continued solid execution” in Q4. Truist also believes that Roper is well-poised to capitalize on key M&A capital deployment strategy as pipeline opportunities “accelerate at attractive valuations”.
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Read More on ROP:
- Roper Technologies announces 2023 financial results
- Roper Technologies sees Q1 adjusted EPS $4.30-$4.34, consensus $4.32
- Roper Technologies sees FY24 adjusted EPS $17.85-$18.15, consensus $18.33
- Roper Technologies reports Q4 adjusted EPS $4.37, consensus $4.34
- ROP Earnings this Week: How Will it Perform?
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