Fortive (FTV) was Initiated by Raymond James to “Outperform”. Raymond James advised their investors in a research report released on Sep 23, 2016.
Many Wall Street Analysts have commented on Fortive. Fortive was Initiated by Stifel to “Hold” on Jul 14, 2016. UBS Initiated Fortive on Jul 13, 2016 to “Buy”, Price Target of the shares are set at $57.JP Morgan Initiated Fortive on Jul 12, 2016 to “Neutral”, Price Target of the shares are set at $48.
On the company’s financial health, Fortive reported $0.69 EPS for the quarter, beating the analyst consensus estimate by $ 0.08 according to the earnings call on Aug 2, 2016. Analyst had a consensus of $0.61. The company had revenue of $1555.10 million for the quarter, compared to analysts expectations of $1538.30 million. The company’s revenue was down -.6 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.66 EPS.