Fortive Corp (NYSE:FTV) price target raised to $85.00 by Morgan Stanley

ME Staff
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Analyst Ratings For Fortive Corp (NYSE:FTV)

Today, Morgan Stanley raised its price target on Fortive Corp (NYSE:FTV) to $85.00 per share.

There are 6 Buy Ratings, 5 Hold Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on Fortive Corp (NYSE:FTV) is Buy with a consensus target price of $82.6250 per share, a potential 2.03% upside.

Some recent analyst ratings include

  • 6/27/2018-Wolfe Research initiated coverage with a Outperform rating.
  • 3/9/2018-JPMorgan Chase & Co. was Downgraded by analysts at JPMorgan Chase & Co. from a “Overweight ” rating to a ” Neutral” rating. They now have a $84.00 price target on the stock.
  • 2/15/2018-Barclays initiated coverage with a Overweight rating.
  • 2/9/2018-Royal Bank of Canada Reiterated Rating of Neutral .

Recent Insider Trading Activity For Fortive Corp (NYSE:FTV)
Fortive Corp (NYSE:FTV) has insider ownership of 12.20% and institutional ownership of 80.01%.

  • On 5/8/2018 Emily A Weaver, VP, sold 18,354 with an average share price of $73.80 per share and the total transaction amounting to $1,354,525.20.
  • On 5/2/2018 James A Lico, Insider, sold 75,000 with an average share price of $71.93 per share and the total transaction amounting to $5,394,750.00.
  • On 11/7/2017 James A Lico, Insider, sold 50,000 with an average share price of $73.14 per share and the total transaction amounting to $3,657,000.00.
  • On 10/31/2017 Stacey A. Walker, SVP, sold 4,775 with an average share price of $72.49 per share and the total transaction amounting to $346,139.75.
  • On 8/14/2017 Charles E. Mclaughlin, CFO, sold 6,565 with an average share price of $66.09 per share and the total transaction amounting to $433,880.85.
  • On 5/31/2017 Emily A. Weaver, VP, sold 3,749 with an average share price of $62.27 per share and the total transaction amounting to $233,450.23.
  • On 5/23/2017 Raj Ratnakar, VP, sold 11,642 with an average share price of $62.31 per share and the total transaction amounting to $725,413.02.

About Fortive Corp (NYSE:FTV)
Fortive Corporation designs, develops, manufactures, markets, and services professional and engineered products, software, and services worldwide. Its Professional Instrumentation segment provides test tools, and thermal imaging and calibration equipment for electrical, industrial, electronic, and calibration applications; online condition-based monitoring equipment; portable gas detection equipment, consumables, and software as a service offerings; subscription-based technical, analytical, and compliance services; and maintenance management software for critical infrastructure in utility, industrial, energy, construction, public safety, mining, and healthcare applications. This segment also provides product realization services and products that help developers and engineers across the end-to-end product creation cycle from concepts to finished products; materials components; and devices that sense, monitor, and control operational or manufacturing variables. This segment markets its products and services under the FLUKE, FLUKE BIOMEDICAL, FLUKE NETWORKS, INDUSTRIAL SCIENTIFIC, LANDAUER, QUALITROL, INVETECH, KEITHLEY, PACIFIC SCIENTIFIC ENERGETIC MATERIALS COMPANY, SONIX, and TEKTRONIX brands. Its Industrial Technologies segment offers solutions and services for use in fuel dispensing, remote fuel management, point-of-sale and payment systems, environmental compliance, vehicle tracking, and fleet and traffic management under the ANGI, GASBOY, GILBARCO, GILBARCO AUTOTANK, ORPAK, and VEEDER-ROOT brands; and various electromechanical and electronic motion control products, mechanical components, and supplemental braking systems for commercial vehicles under the DYNAPAR, HENGSTLER, JAKE BRAKE, KOLLMORGEN, PORTESCAP, and THOMSON brands. It also offers professional tools, toolboxes, and automotive diagnostic equipment under the MATCO brand; and wheel service equipment under the COATS brand. The company was incorporated in 2016 and is headquartered in Everett, Washington.

Recent Trading Activity for Fortive Corp (NYSE:FTV)
Shares of Fortive Corp closed the previous trading session at 81.05 up +1.30 1.63% with 581664 shares trading hands.