Fortive (NYSE:FTV) Given Hold Rating at Truist Financial

Truist Financial has reiterated its "Hold" rating on Fortive (NYSE:FTV), increasing its price target from $67 to $68. This change implies a potential upside of 16.67% from the previous closing price. The company reported strong Q2 results, with adjusted EPS of $0.74 exceeding consensus estimates and revenue growing 8% year-over-year to $1.10 billion, leading to raised fiscal 2026 adjusted EPS guidance.