As previously reported, Wolfe Research analyst Nigel Coe upgraded Vontier (VNT) to Outperform from Peer Perform with a $48 price target calling it “one of the highest quality stocks trading at the cheapest valuation across our coverage.” Revenue growth has been a challenge, but the firm sees a Q2 inflection and improving capital optionality as “key catalysts,” adding that it also believes Vontier screens “very well in a Trump II world view.”
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Read More on VNT:
- Vontier upgraded to Outperform from Peer Perform at Wolfe Research
- Trump Trade: Smaller, mid-size brands seen as most impacted by China tariffs
- Vontier resumed with a Buy at UBS
- Trump Trade: Analyst moves to sidelines on Capital One after Trump rally
- Vontier price target raised to $46 from $44 at Citi
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