Truist raised the firm’s price target on Roper Technologies to $660 from $575 and keeps a Buy rating on the shares after its Q4 results. The firm is boosting its FY24 revenue view for the company to $6.89B from $6.62B to reflect its “continued solid execution” in Q4. Truist also believes that Roper is well-poised to capitalize on key M&A capital deployment strategy as pipeline opportunities “accelerate at attractive valuations”.
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