On Nov 01, major Wall Street analysts update their ratings for $Fortive (FTV.US)$, with price targets ranging from $77 to $95.
Barclays analyst Julian Mitchell maintains with a buy rating, and adjusts the target price from $98 to $95.
Wells Fargo analyst Joe O'Dea maintains with a hold rating, and maintains the target price at $77.
Truist Financial analyst Jamie Cook maintains with a buy rating, and sets the target price at $89.
Seaport Global analyst Scott Graham maintains with a buy rating, and maintains the target price at $88.
Furthermore, according to the comprehensive report, the opinions of $Fortive (FTV.US)$'s main analysts recently are as follows:
Following the earnings report, there's an anticipation that the stock will exhibit improved performance leading into 2025, as the much-dreaded decline in Fluke / IOS has now transpired, thereby setting the stage for potential recovery.
Fortive's third-quarter results were impacted by an earnings miss attributed to IOS weaknesses. Additional factors such as postponed government spending and a general downturn in China also contributed to a lowered forecast for 2024 organic sales. Following a year dedicated to spin-off preparations and a pause in mergers and acquisitions, Fortive appears to be in a temporary 'deal-limbo', weighing the balance of risk and reward.
The observation is that Fortive's AHS performed well in the recent quarter; however, shortcomings in IOS and PT organic following a reiterated outlook in early September have had a negative impact on the stock. Although the shares are considered undervalued, the third-quarter shortfall may not alleviate the prevailing uncertainty related to the anticipated spin-off.
Here are the latest investment ratings and price targets for $Fortive (FTV.US)$ from 4 analysts:
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美東時間11月1日，多家華爾街大行更新了$Fortive (FTV.US)$的評級，目標價介於77美元至95美元。
巴克萊銀行分析師Julian Mitchell維持買入評級，並將目標價從98美元下調至95美元。
富國集團分析師Joe O'Dea維持持有評級，維持目標價77美元。
儲億銀行分析師Jamie Cook維持買入評級，目標價89美元。
Seaport Global分析師Scott Graham維持買入評級，維持目標價88美元。
此外，綜合報道，$Fortive (FTV.US)$近期主要分析師觀點如下：
在業績公佈後，人們預計股票將在2025年表現出改善的勢頭，因爲大家害怕的Fluke / IOS的下降已經發生，從而爲潛在的復甦奠定了基礎。
Fortive的第三季度業績受到了被歸因於IOS弱點的業績不佳的影響。另外一些因素，比如政府支出的推遲和中國經濟的普遍下滑也爲2024年有機銷售額的預期降低做出了貢獻。經歷了一年的剝離準備和併購暫停後，Fortive似乎陷入了暫時的「交易懸浮」中，權衡風險和回報的平衡。
觀察表明，Fortive的AHS在最近的季度表現出色；然而，IOS和Pt有機部分的缺點自9月初重申的前景展望已經對股票產生了負面影響。雖然股價被認爲被低估，但第三季度的不佳表現可能無法消除與預期剝離相關的普遍不確定性。
以下爲今日4位分析師對$Fortive (FTV.US)$的最新投資評級及目標價：
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分析師總勝率為近一年分析師的評級成功次數占總評級次數的比率。評级的成功與否，取決於TipRanks的虚擬投資組合是否從該股票中產生正回報。
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