Fortive Co. has been the subject of intense financial speculation in recent times, with the company's recent decisions having potentially significant implications on its future.
Sanctuary Advisors LLC has recently invested $985,000 in Fortive, while SG Americas Securities LLC sold 91,142 shares. Meanwhile,
Point72 Asset Management LP disposed of 303,009 shares and
MBB Public Markets I LLC acquired 24,902 shares. Despite
Wolfe Research expressing potential stock pressure due to Fortive's PT segment set for spin-off,
JPMorgan Chase & Co. has upgraded Fortive to Overweight indicating a positive outlook. Multiple subsidiaries have reportedly disclosed a data breach, which may negatively affect investor trust. Even so, Fortive continues drawing attention for powering the AI boom and implementing strategic acquisitions like EA GmbH, German precision technology manufacturer
Elektro-Automatik for $1.45 billion. Plans for separation into two independent public companies have also been announced, allegedly to streamline growth focus.
Fortive Corporation FTV News Analytics from Wed, 07 Oct 2020 11:25:52 GMT to Sat, 12 Oct 2024 08:20:29 GMT -
Rating 2
- Innovation 3
- Information 7
- Rumor -3
