Fortrea price target raised to $15 from $7 at TD Cowen

TD Cowen raised the firm’s price target on Fortrea (FTRE) to $15 from $7 and keeps a Hold rating on the shares. The firm adjusted targets in the contract research organization space as part of a Q4 preview. TD generally expects solid Q4 prints and sees potential for 2026 outlooks to “represent a clearing event for operating conditions.”