Wells Fargo analyst Allison Poliniak-Cusic raised the firm’s price target on Roper Technologies to $555 from $550 and keeps an Overweight rating on the shares. With macro uncertainty weighing on multiple sectors, Roper’s performance continues to stand out, in the firm’s view. Wells remains a buyer given the strength of its double-digit cash earnings growth, proficient portfolio curation and repositioned balance sheet.
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- 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
