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Fortive falls after Barclays downgrades to 'equal-weight', cuts PT

ReutersAug 14, 2025 10:46 AM

Shares of industrial products maker Fortive FTV.N down 1% at $48 in premarket trading

Barclays downgrades rating to "equal-weight" from "overweight", also cuts PT to $54 from $58

The new PT still represents a 10.8% upside to the stock's last close

Barclays says co's second-half outlook seems tough to achieve, with slow growth and limited capital deployment

Notes that without renewed momentum in Fortive's Advanced Healthcare Solutions segment, investor enthusiasm may remain muted

Eight of 20 brokerages rate the stock "buy" or higher, twelve "hold"; their median PT is $57 - data compiled by LSEG

As of last close, stock had fallen 13.8% YTD

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