Vontier price target lowered to $45 from $50 at KeyBanc

KeyBanc analyst Katie Fleischer lowered the firm’s price target on Vontier (VNT) to $45 from $50 and keeps an Overweight rating on the shares. The firm notes the company reported Q3 results in line with Vontier’s earlier comments at its investor day, while raising the midpoint of its FY25 outlook. KeyBanc thinks the day’s negative stock reaction likely reflected a higher bar for Q4 results and disappointment around management’s comments that Repair Solutions revenue is likely flat in FY26.