Fortive Corp
FTV: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.?cBND?S | LOCK|#><k? | LOCK|!sV%QB% |
Fortive: Poised to Continue Compounding Cash Flows
After Fortive’s 2023 investor day on May 25, we’ve increased our fair value estimate to $88 from $86, as we’ve modestly raised our long-term revenue growth and operating margin assumptions. The stock is currently trading in 4-star territory, which we see as an attractive entry point.
