Fortive Corp (FTV) Gets a Hold Rating from Morgan Stanley

By Austin Angelo

Morgan Stanley analyst Joshua Pokrzywinski maintained a Hold rating on Fortive Corp (FTVResearch Report) today and set a price target of $70.00. The company’s shares closed last Monday at $67.67.

According to TipRanks.com, Pokrzywinski is a 3-star analyst with an average return of 4.4% and a 53.8% success rate. Pokrzywinski covers the Industrial Goods sector, focusing on stocks such as Gardner Denver Holdings Inc, Gates Industrial Corp Plc, and Emerson Electric Company.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Fortive Corp with a $80.00 average price target.

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The company has a one-year high of $89.48 and a one-year low of $62.89. Currently, Fortive Corp has an average volume of 2.04M.

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Fortive Corp. is a diversified industrial growth company, which designs, develops, manufactures, and markets professional and engineered products, software, and services for a variety of end markets. It operates through the following two segments: Professional Instrumentation and Industrial Technologies.