Truist raised the firm’s price target on Roper Technologies (ROP) to $675 from $665 and keeps a Buy rating on the shares after its Q4 earnings beat. The company’s Q4 capped off a year of strong compounding free cash flow and improving organic growth, the analyst tells investors in a research note. Roper’s acquisition outlook is increasingly favorable, and the firm is expecting continued attractive compounding cash flows, Truist adds.
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