Barclays lowered the firm’s price target on Roper Technologies (ROP) to $506 from $550 and keeps an Underweight rating on the shares. The firm believes the company’s share buyback “may raise more questions than answers.”
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ROP:
- Roper Technologies downgraded to Sector Perform from Outperform at RBC Capital
- Roper Technologies price target lowered to $650 from $685 at Truist
- Roper Technologies price target lowered to $550 from $650 at Stifel
- Roper Technologies price target lowered to $625 from $650 at TD Cowen
- Roper Technologies price target lowered to $592 from $687 at Baird