BofA raised the firm’s price target on Fortrea Holdings to $29 from $26 and keeps an Underperform rating on the shares after the company reported Q3 results. The firm believes the stock has potential, but it will take time to be realized. Overall, BofA thinks Fortrea will fare better as a standalone.
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Read More on FTRE:
- Fortrea Holdings sees 2023 revenue $3.075B-$3.13B, consensus $3.07B
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