Fortive (NYSE:FTV) Price Target Raised to $63.00

JPMorgan Chase & Co. has increased its price target for Fortive (NYSE:FTV) from $57.00 to $63.00, while maintaining an “underweight” rating. This new target implies a potential upside of approximately 7.14% from the stock’s previous closing price. The company recently reported Q4 EPS of $0.90, exceeding analyst expectations, and revenue of $1.12 billion, also beating estimates.

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