Truist raised the firm’s price target on Roper Technologies (ROP) to $675 from $665 and keeps a Buy rating on the shares after its Q4 earnings beat. The company’s Q4 capped off a year of strong compounding free cash flow and improving organic growth, the analyst tells investors in a research note. Roper’s acquisition outlook is increasingly favorable, and the firm is expecting continued attractive compounding cash flows, Truist adds.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ROP:
- Roper Technologies price target raised to $655 from $620 at Raymond James
- Roper Technologies price target raised to $650 from $615 at TD Cowen
- Roper Technologies price target raised to $665 from $651 at Baird
- Roper Technologies Reports Strong 2024 Financial Results
- Roper Technologies price target raised to $640 from $630 at Oppenheimer