RBC Capital Cuts Veralto Price Target to $102 from $111
RBC Capital lowered its Veralto price target to $102 from $111. The downgrade indicates a more cautious outlook on the company’s near-term earnings trajectory.
1. RBC Capital Lowers Price Target
On Feb. 6, RBC Capital reduced its 12-month price target for Veralto to $102 from $111, marking an 8.1% cut. The firm cited a more cautious outlook on Veralto’s earnings potential and operational challenges in refining its valuation model.
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