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Fly News Breaks for December 18, 2018
FTV
Dec 18, 2018 | 07:41 EDT
Morgan Stanley analyst Joshua Pokrzywinski assumed coverage of Fortive with an Overweight rating, up from the firm's prior Equal Weight rating, stating that he believes its increased focus on software and recurring revenues should drive outperformance. He sees recent M&A transactions moving long-term growth closer to 4% and margins toward 23%, Pokrzywinski tells investors. He set an $82 price target on Fortive shares, down from the prior $84 target.
News For FTV From the Last 2 Days
FTV
Apr 24, 2024 | 16:14 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
FTV
Apr 24, 2024 | 07:34 EDT
Sees Q2 revenue $1.6B, consensus $1.62B. The company said, "For the second quarter of 2024, Fortive anticipates revenue of approximately $1.6 billion, diluted net earnings per share of $0.57 to $0.60 and adjusted diluted net earnings per share of $0.90 to $0.93."