Barclays analyst Julian Mitchell raised the firm’s price target on Roper Technologies to $560 from $550 and keeps an Overweight rating on the shares. The company’s acquisition of Syntellis Performance Solutions comes at an attractive purchase price, with synergies from the deal seen as “likely”, the analyst tells investors in a research note.
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Read More on ROP:
- Roper Technologies has acquired Syntellis Performance Solutions
- Roper Technologies acquires Syntellis for net purchase price of $1.25B
- Roper Technologies CEO Neil Hunn joins Deere board of directors
- Roper Technologies price target raised to $535 from $525 at TD Cowen
- Roper Technologies price target raised to $569 from $532 at RBC Capital
