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Fortrea upgraded to Buy from Hold at Truist

Truist analyst Jailendra Singh upgraded Fortrea (FTRE) to Buy from Hold with a $22 price target The firm cites the company’s improving execution under new leadership, early signs of commercial momentum, and a “relatively clearer path” to margin recovery for the upgrade. Fortrea investor sentiment is turning more constructive as the new CEO focuses on commercial excellence, operational efficiency, and financial discipline, the analyst tells investors in a research note.

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