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Fortive price target raised to $86 from $84 at Barclays

Barclays raised the firm’s price target on Fortive (FTV) to $86 from $84 and keeps an Overweight rating on the shares. The firm says investors seem to be getting Ralliant for free at the current Fortive share price. The unit to be spun off “could be set for a V-shaped recovery,” the analyst tells investors in a research note.

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