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Roper Technologies price target raised to $600 from $565 at Mizuho

Mizuho analyst Brett Linzey raised the firm’s price target on Roper Technologies (ROP) to $600 from $565 and keeps a Neutral rating on the shares. The firm updated estimates in the electrical equipment and multi-industry sector post earnings. Pent-up demand in investment and capex, the reemergence of profit generation and positive portfolio shaping are common themes, the analyst tells investors in a research note. Mizuho’s top picks are Carrier Global (CARR), Emerson Electric (EMR), Pentair (PNR), Applied Industrial (AIT) and Stanley Black & Decker (SWK).

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