TD Cowen upgraded Fortrea (FTRE) to Buy from Hold with a $15 price target The firm cites the improving macro environment and better company fundamentals for the upgrade. AI concerns around Fortrea are overdone, the analyst tells investors in a research note. TD also thinks the company’s 2026 guidance is conservative.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FTRE:
- Fortrea: Strengthening Fundamentals, Cost Efficiencies, and Resilient Demand Underpin Buy Rating
- Fortrea Backs GE Healthcare’s New PET Tracer in Completed Phase 1 Study
- Fortrea price target lowered to $14 from $16 at Deutsche Bank
- Fortrea price target lowered to $16 from $19 at Baird
- Fortrea price target lowered to $16 from $21 at Citi
