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Roper Technologies price target lowered to $625 from $650 at TD Cowen

TD Cowen lowered the firm’s price target on Roper Technologies (ROP) to $625 from $650 and keeps a Buy rating on the shares. The firm noted a confluence of events mostly external, have hurt the organic acceleration story required for shares to re-rate. Many of these including the government shutdown, freight recession, tariff delays, should normalize but it likely now will take time to demonstrate true core acceleration as M&A flows through.

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