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Analysts Offer Insights on Technology Companies: Badger Meter (BMI) and Fortive (FTV)

Tipranks - Tipranks - Wed May 27, 4:12AM CDT

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Badger Meter (BMI) and Fortive (FTV).

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Badger Meter (BMI)

Barclays analyst William Grippin maintained a Sell rating on Badger Meter today and set a price target of $110.00. The company’s shares closed last Friday at $125.84.

According to TipRanks.com, Grippin is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -18.2% and a 25.4% success rate. Grippin covers the Industrial Goods sector, focusing on stocks such as Watts Water Technologies, Veralto Corporation, and Republic Services. ;'>

Currently, the analyst consensus on Badger Meter is a Moderate Buy with an average price target of $144.80.

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Fortive (FTV)

In a report released today, Julian Mitchell from Barclays maintained a Hold rating on Fortive, with a price target of $63.00. The company’s shares closed last Friday at $59.13.

According to TipRanks.com, Mitchell is a 5-star analyst with an average return of 16.5% and a 63.7% success rate. Mitchell covers the Industrial Goods sector, focusing on stocks such as Madison Air Solutions Corp. Class A, Emerson Electric Company, and Honeywell International. ;'>

Currently, the analyst consensus on Fortive is a Hold with an average price target of $63.38, representing a 7.7% upside. In a report issued on May 15, TipRanks – Google also downgraded the stock to Hold with a $65.00 price target.

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