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Fortive Corp has a consensus price target of $82.4 based on the ratings of 22 analysts. The high is $98 issued by Citigroup on April 25, 2024. The low is $68 issued by Argus Research on March 17, 2022. The 3 most-recent analyst ratings were released by UBS, Truist Securities, and Wells Fargo on November 13, 2024, November 1, 2024, and October 31, 2024, respectively. With an average price target of $83.33 between UBS, Truist Securities, and Wells Fargo, there's an implied 11.38% upside for Fortive Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Fortive (NYSE:FTV) was reported by UBS on November 13, 2024. The analyst firm set a price target for $84.00 expecting FTV to rise to within 12 months (a possible 12.27% upside). 36 analyst firms have reported ratings in the last year.
The latest analyst rating for Fortive (NYSE:FTV) was provided by UBS, and Fortive initiated their neutral rating.
The last upgrade for Fortive Corp happened on October 10, 2024 when JP Morgan raised their price target to $92. JP Morgan previously had a neutral for Fortive Corp.
The last downgrade for Fortive Corp happened on September 6, 2024 when Wolfe Research changed their price target from N/A to N/A for Fortive Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Fortive, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Fortive was filed on November 13, 2024 so you should expect the next rating to be made available sometime around November 13, 2025.
While ratings are subjective and will change, the latest Fortive (FTV) rating was a initiated with a price target of $0.00 to $84.00. The current price Fortive (FTV) is trading at is $74.82, which is within the analyst’s predicted range.
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