Fortive’s Analyst Meeting Review
<p>RBC Capital analysts provided their key takeaways from <a href='https://financialmodelingprep.com/financial-summary/FTV'>Fortive Corporation (NYSE:FTV)</a> Analyst Meeting, where it reaffirmed Q2/23 and full 2023 year guidance and provided achievable 2028 targets. Notably, the company targets double-digit CAGR for EPS and Free Cash Flow. </p>
<p>Its five core connected workflow strategies (85% of Fortive’s sales) should also benefit from multiple secular trends, including digitization, electrification, automation, and healthcare. M&A strategy was unchanged, with a bias toward bolt-ons. </p>
<p>Overall, the event showcased the company’s deep management bench along with an impressive number of Fortive’s product/services exhibits.</p>

NYSE:FTV