Fortive Corp

FTV: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$72.00	Ylsgkgw	Czvthnwzdh

Fortive: Poised to Continue Compounding Cash Flows

Krzysztof Smalec

May 26, 2023

After Fortive’s 2023 investor day on May 25, we’ve increased our fair value estimate to $88 from $86, as we’ve modestly raised our long-term revenue growth and operating margin assumptions. The stock is currently trading in 4-star territory, which we see as an attractive entry point.

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