Stock Track | Fortive Plummets 5.02% Intraday as JPMorgan Maintains Underweight Rating Despite Price Target Hike

Stock Track

02/12

Fortive's stock price plummeted 5.02% during intraday trading on Wednesday, following analyst actions from JPMorgan.

JPMorgan adjusted its price target on Fortive to $63 from $57 but maintained its Underweight rating on the stock. An Underweight rating indicates the analyst's view that the stock is expected to underperform its sector or the broader market, which likely contributed to the selling pressure.

According to data from FactSet, Fortive has an average analyst rating of Hold with a mean price target of $62.19.

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An Underweight rating indicates the analyst's view that the stock is expected to underperform its sector or the broader market, which likely contributed to the selling pressure.</p><p>According to data from FactSet, Fortive has an average analyst rating of Hold with a mean price target of $62.19.</p>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FTV","symbol_name":"Fortive Corporation","start_time":0,"source_url":"","article_id":"1182456734","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1182456734","pubTimestamp":1770833910,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Fortive's stock price plummeted 5.02% during intraday trading on Wednesday, following analyst actions from JPMorgan.JPMorgan adjusted its price target on Fortive to $63 from $57 but maintained its...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"FTV":"Fortive Corporation"},"translate_title":"个股追踪|Fortive盘中暴跌5.02%摩根大通虽上调目标价仍维持跑输大盘评级","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FTV":1},"content_text":"Fortive's stock price plummeted 5.02% during intraday trading on Wednesday, following analyst actions from JPMorgan.JPMorgan adjusted its price target on Fortive to $63 from $57 but maintained its Underweight rating on the stock. 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