Wolfe Research analyst Brad Hewitt assumed coverage of Roper Technologies with an Outperform rating and $558 price target. The stock’s valuation looks compelling on an absolute and relative basis, the analyst tells investors in a research note. The firm says the company’s core businesses generate significant free cash flow.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on ROP:
- Why is ROP Stock Trending?
- Roper Technologies price target raised to $575 from $530 at Jefferies
- Roper Technologies sees Q3 adjusted EPS $4.16-$4.20, consensus $4.16
- Roper raises 2023 adjusted EPS view $16.36-$16.50 from $16.10-$16.30
- Roper Technologies reports Q2 adjusted EPS $4.12, consensus $3.99