Truist analyst Terry Tillman raised the firm’s price target on Roper Technologies to $540 from $525 and keeps a Buy rating on the shares after its Q1 earnings beat. The company’s Q1 results were strong and its free cash flow was well ahead of expectations as it continues to benefit from its transformation to an attractive portfolio of market leading vertical SaaS and tech-enabled product businesses, the analyst tells investors in a research note.
Published first on TheFly
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