Roper Technologies upgraded to Neutral from Underweight at JPMorgan

JPMorgan upgraded Roper Technologies to Neutral from Underweight with a price target of $420, up from $385. Following underperformance over the past couple of years, Roper’s valuation more fairly reflects "what should be a more visible than average earnings growth rate in the next several years," the analyst tells investors in a research note. The stock has de-rated to better reflect a more reasonable rate of compounding, says the firm.