Evercore Adjusts Valuation of Fortrea Holdings Inc. (FTRE) Based on Updated Assumptions
Evercore ISI has lowered its price target for Fortrea Holdings Inc. (FTRE) from $25 to $14, while maintaining an Outperform rating. The adjustment is based on updated near-term assumptions in its Q1 healthcare technology and distribution analysis. Fortrea recently launched Fortrea Intelligent Technology (FIT), a new AI-enabled clinical trial platform.
Tickers: $FTRE
Topics: analyst rating biotech clinical trial technology stock valuation