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Roper Technologies price target raised to $685 from $635 at Jefferies

Roper Technologies price target raised to $685 from $635 at Jefferies

Jefferies analyst Brent Thill raised the firm’s price target on Roper Technologies (ROP) to $685 from $635 and keeps a Buy rating on the shares. The company delivered a strong print with organic revenue growth reacceleration to 7% in Q4 versus 4% in Q3, the analyst tells investors in a research note. The firm noted that the setup for 2025 is favorable for this equity compounder to deliver organic growth reacceleration.

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