Barclays analyst Luke Sergott upgraded Fortrea (FTRE) to Equal Weight from Underweight with a price target of $15, up from $10. The firm adjusted ratings in the life sciences and diagnostics tools space as part of its 2026 outlook. The last of the estimate cuts, recovering end markets and tools being the “most under-owned space in healthcare” creates a “great setup” for outperformance of the tools group in 2026, the analyst tells investors in a research note.
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