Roper Technologies (NASDAQ:ROP) Price Target Raised to $415.00 at JPMorgan Chase & Co.
JPMorgan Chase & Co. has raised its price target for Roper Technologies (NASDAQ:ROP) to $415.00 from $397.00, while maintaining an "underweight" rating on the stock, implying a potential upside of 2.43%. Despite beating earnings per share estimates with $5.38 and an 8.5% revenue increase, analyst sentiment remains mixed, with a consensus "Hold" rating and an average price target of $468.00 from various firms. Recent insider selling has occurred, but institutional investors hold a significant 93.31% stake in the company.
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