On October 10, 2023, shares of Fortive Corp (FTV) reached $74.77, surpassing the average analyst target price of $74.64. This adjustment signifies a potential reassessment by analysts, who may either raise their targets or downgrade based on recent developments affecting the company’s valuation.
In total, there are 11 analysts contributing to this average, with target prices ranging from $63.00 to $87.00 and a standard deviation of $6.33. Currently, Fortive has six strong buy ratings, one buy rating, and five hold ratings, maintaining an average rating of 1.88 on a scale where 1 is a strong buy and 5 is a strong sell.
