Argus raised the firm’s price target on Roper Technologies to $550 from $490 and keeps a Buy rating on the shares. The company is well prepared for post-pandemic life, with products that enable work-from-home, environmental testing, and electronic surveillance, the analyst tells investors in a research note. The firm adds that Roper’s recent dividend hike is also sending a signal of confidence in the near-term outlook to the market.
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