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Roper Technologies initiated with an Outperform at William Blair

William Blair initiated coverage of Roper Technologies (ROP) with an Outperform rating. Roper is a diversified operator and acquirer of 29 independent, leading niche vertical software assets, the analyst tells investors in a research note. The firm says the company has doubled down on “customer intimacy” in support of sustained organic growth and compounding free cash flow.

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