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RBC Capital Analyst Reiterates Hold Rating on Fortive, FTV Stock

by Staff Editor
May 26, 2023
in Technology Analysts 
Alert on FTV: The scanners at TechStockMovers.com, with the help of Tipranks.com, found the following stock rating has recently occurred regarding this top tech stock. TechStockMovers.com keeps investors informed on a variety of tech stocks including communications equipment, IT Services, Semiconductors, Software, Technical hardware, storage and peripherals, artificial intelligence (AI), cybersecurity and more. 

Deane Dray
analyst at RBC Capital reiterates coverage on Fortive (FTV) stock in the Technology sector with a Hold rating. TipRanks.com has Dray rated as a 4.8 star analyst with a 56% return on investment and a 9.4% success rate. Dray has set a price target of $ 75. 

TipRanks.com reports that Fortive stock currently has 10 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target for FTV's stock is $74.30. The target pricing ranges from a high forecast of $87.00 down to a low forecast of $63.00. Fortive (FTV)’s stock last closing price was $67.82 which would put the average price target at 9.55% upside.

In addition, TradingView issued a Strong Buy rating for FTV's stock over the next month, Barchart.com has a Weak buy rating and Yahoo! Finance has a Bullish short-term outlook. Remember, securities are volatile, so please do your own research on FTV stock.

Click here for the full story on FTV stock >>

TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>

This article was pulled from techstockmovers.com as they are an authority in the Tech Stock Sector. TechStockMovers.com keeps investors informed on a variety of tech stocks including communications equipment, IT Services, Semiconductors, Software, Technical hardware, storage and peripherals, artificial intelligence (AI), cybersecurity and more. 

PoliticsAndWallStreet.com

PoliticsAndWallStreet.com 

Disclaimer: Sandpiper Marketing Group, LLC would like to remind you the data contained in this website is not necessarily real-time nor accurate. All stocks, indexes, futures and Forex prices are not provided by exchanges but rather by our editor research at the time of writing this release, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Sandpiper Marketing does not bear any responsibility for any trading losses you might incur as a result of using this data. Sandpiper Marketing Group, LLC or anyone involved with Sandpiper Marketing Group, LLC will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in this website/newsletter is not trustworthy unless verified by their own research. Also, because events/circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a real licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.    
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Tags: technology stocks Technology stock movers Technology stock watchlist tech stocks tech stock analyst ratings 

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