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Barchart
Barchart
Neha Panjwani

Do Wall Street Analysts Like Fortive Stock?

FTV

Everett, Washington-based Fortive Corporation (FTV) designs, develops, manufactures, and services professional and engineered products, software, and services. Valued at $26.3 billion by market cap, the company focuses on professional instrumentation, automation, sensing, and transportation technologies. 

Shares of this industrial giant have underperformed the broader market considerably over the past year. FTV has gained 14.2% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 31.1%. In 2024, FTV’s stock rose 4.5%, compared to the SPX’s 24.7% rise on a YTD basis. 

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