There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Boeing (BA – Research Report) and Fortive (FTV – Research Report) with bullish sentiments.
Boeing (BA)
Robert W. Baird analyst Peter Arment maintained a Buy rating on Boeing yesterday and set a price target of $306.00. The company’s shares closed last Monday at $205.88.
According to TipRanks.com, Arment is a 4-star analyst with an average return of
Currently, the analyst consensus on Boeing is a Strong Buy with an average price target of $270.80, a 35.6% upside from current levels. In a report issued on November 21, J.P. Morgan also maintained a Buy rating on the stock with a $275.00 price target.
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Fortive (FTV)
In a report issued on December 5, Robert Mason CFA from Robert W. Baird reiterated a Buy rating on Fortive, with a price target of $86.00. The company’s shares closed last Monday at $74.52.
According to TipRanks.com, CFA is a 3-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Fortive with a $84.50 average price target, which is a 12.5% upside from current levels. In a report issued on November 22, Loop Capital Markets also initiated coverage with a Buy rating on the stock with a $90.00 price target.
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