Evercore ISI analyst Amit Daryanani maintained a Buy rating on Fortive (NYSE:FTV) Corp on Friday, setting a price target of $88, which is approximately 16.23% above the present share price of $75.71.
Daryanani expects Fortive Corp to post earnings per share (EPS) of $0.48 for the fourth quarter of 2021.
The current consensus among 4 TipRanks analysts is for a Hold rating of shares in Fortive, with an average price target of $80.25.
The analysts price targets range from a high of $87 to a low of $75.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $1.32 billion and a net profit of $211.3 million. The company's market cap is $27.13 billion.
According to TipRanks.com, Evercore ISI analyst Amit Daryanani is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 16.3% and a 66.01% success rate.
Incorporated in 2015 and headquartered in Washington, Fortive Corp. is a diversified industrial growth company. The company is engaged in the design, development, manufacturing, and marketing of professional and engineered products, software, and services for a variety of end markets. It operates through the Professional Instrumentation and Industrial Technologies segments.