Roper Technologies resumed with a Neutral at Mizuho

Mizuho analyst Brett Linzey resumed coverage of Roper Technologies with a Neutral rating and $475 price target. The company’s portfolio exits are largely complete and should create a more predictable earnings trajectory with software now 75% of sales, the analyst tells investors in a research note. However, Roper has a fairly full valuation when compared to the software universe, contends the firm.