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RBC Capital Reaffirms Their Hold Rating on Fortive (FTV)

RBC Capital Reaffirms Their Hold Rating on Fortive (FTV)

RBC Capital analyst Deane Dray maintained a Hold rating on Fortive on July 16 and set a price target of $58.00. The company's shares closed yesterday at $51.27.
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According to TipRanks, Dray is a 5-star analyst with an average return of 14.3% and a 64.93% success rate. Dray covers the Industrials sector, focusing on stocks such as Carrier Global, Emerson Electric Company, and Trane Technologies.
In addition to RBC Capital, Fortive also received a Hold from TD Cowen's Joseph C Giordano in a report issued on July 15. However, on July 16, Mizuho Securities downgraded Fortive (NYSE: FTV) to a Buy.
Based on Fortive's latest earnings release for the quarter ending March 28, the company reported a quarterly revenue of $1.47 billion and a net profit of $171.9 million. In comparison, last year the company earned a revenue of $1.52 billion and had a net profit of $207.4 million
Based on the recent corporate insider activity of 65 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of FTV in relation to earlier this year. Most recently, in May 2025, James Lico, the President & CEO of FTV sold 175,000.00 shares for a total of $12,670,000.00.
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