RBC Capital Mkts initiated coverage on Veralto with a new price target
$VLTO
Electrical Products
Industrials
RBC Capital Mkts initiated coverage of Veralto with a rating of Sector Perform and set a new price target of $78.00
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/13/2024 | $118.00 | Neutral | UBS |
| 6/17/2024 | $95.00 | Hold | TD Cowen |
| 3/22/2024 | $104.00 | Buy | Goldman |
| 3/12/2024 | $103.00 | Outperform | Exane BNP Paribas |
| 2/27/2024 | $97.00 | Outperform | BMO Capital Markets |
| 1/10/2024 | $79.00 | Hold | Deutsche Bank |
| 1/9/2024 | $90.00 | Buy | Argus |
| 12/13/2023 | Peer Perform | Wolfe Research |
New independent director brings extensive executive management and digital technology leadership WALTHAM, Mass., July 16, 2024 /PRNewswire/ -- Veralto (NYSE:VLTO), a global leader in essential water and product quality solutions dedicated to Safeguarding the World's Most Vital Resources™, has appointed Vijay Sankaran to its board of directors. Sankaran will also serve on the board's audit committee. "We are delighted to welcome Vijay to the Veralto board of directors," said Linda Filler, board chair of Veralto. "His broad executive leadership and deep expertise in digital tech
Creates Strategic Partnership with a Leading Provider of Contaminant Destruction Technology WALTHAM, Mass., Nov. 13, 2024 /PRNewswire/ -- Veralto Corporation (NYSE:VLTO) (the "Company"), a global leader in essential water and product quality solutions dedicated to Safeguarding the World's Most Vital Resources™, announced an investment of approximately $15 million to establish a minority interest in Axine Water Technologies, a leading provider of electrochemical oxidation technology for contaminant destruction. Axine's electraCLEAR solution provides simple, safe, efficient, and
WALTHAM, Mass., Oct. 23, 2024 /PRNewswire/ -- Veralto (NYSE:VLTO) (the "Company"), a global leader in essential water and product quality solutions dedicated to Safeguarding the World's Most Vital Resources™ announced results for the third quarter ended September 27, 2024. Key Third Quarter 2024 Results Sales increased 4.7% year-over-year to $1,314 million, with non-GAAP core sales growth of 4.6%Operating profit margin was 23.4% and non-GAAP adjusted operating profit margin was 24.1%Net earnings were $219 million, or $0.88 per diluted common shareNon-GAAP, adjusted net earning
Expands Ability to Help Ensure Safety, Traceability and Compliance in the Food and Beverage Industry, Aligns with Veralto's Commitment to Safeguarding Water, Food and Essential Goods WALTHAM, Mass., Oct. 7, 2024 /PRNewswire/ -- Veralto Corporation (NYSE:VLTO) (the "Company"), a global leader in essential water and product quality solutions dedicated to Safeguarding the World's Most Vital Resources™, announced that it has acquired the holding company that owns TraceGains for a purchase price of $350 million (subject to customary post-closing adjustments). TraceGains is a leadin
Creates Strategic Partnership with a Leading Provider of Contaminant Destruction Technology WALTHAM, Mass., Nov. 13, 2024 /PRNewswire/ -- Veralto Corporation (NYSE:VLTO) (the "Company"), a global leader in essential water and product quality solutions dedicated to Safeguarding the World's Most Vital Resources™, announced an investment of approximately $15 million to establish a minority interest in Axine Water Technologies, a leading provider of electrochemical oxidation technology for contaminant destruction. Axine's electraCLEAR solution provides simple, safe, efficient, and
WALTHAM, Mass., Oct. 23, 2024 /PRNewswire/ -- Veralto (NYSE:VLTO) (the "Company"), a global leader in essential water and product quality solutions dedicated to Safeguarding the World's Most Vital Resources™ announced results for the third quarter ended September 27, 2024. Key Third Quarter 2024 Results Sales increased 4.7% year-over-year to $1,314 million, with non-GAAP core sales growth of 4.6%Operating profit margin was 23.4% and non-GAAP adjusted operating profit margin was 24.1%Net earnings were $219 million, or $0.88 per diluted common shareNon-GAAP, adjusted net earning
Expands Ability to Help Ensure Safety, Traceability and Compliance in the Food and Beverage Industry, Aligns with Veralto's Commitment to Safeguarding Water, Food and Essential Goods WALTHAM, Mass., Oct. 7, 2024 /PRNewswire/ -- Veralto Corporation (NYSE:VLTO) (the "Company"), a global leader in essential water and product quality solutions dedicated to Safeguarding the World's Most Vital Resources™, announced that it has acquired the holding company that owns TraceGains for a purchase price of $350 million (subject to customary post-closing adjustments). TraceGains is a leadin
S-3ASR - Veralto Corp (0001967680) (Filer)
8-K - Veralto Corp (0001967680) (Filer)
144 - Veralto Corp (0001967680) (Subject)
SC 13G/A - Veralto Corp (0001967680) (Subject)
SC 13G/A - Veralto Corp (0001967680) (Subject)
SC 13G/A - Veralto Corp (0001967680) (Subject)
4 - Veralto Corp (0001967680) (Issuer)
4 - Veralto Corp (0001967680) (Issuer)
4 - Veralto Corp (0001967680) (Issuer)
UBS initiated coverage of Veralto with a rating of Neutral and set a new price target of $118.00
TD Cowen initiated coverage of Veralto with a rating of Hold and set a new price target of $95.00
Goldman initiated coverage of Veralto with a rating of Buy and set a new price target of $104.00
In the last three months, 4 analysts have published ratings on Veralto (NYSE:VLTO), offering a diverse range of perspectives from bullish to bearish. The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 1 2 0 0 Last 30D 1 0 0 0 0 1M Ago 0 0 0 0 0 2M Ago 0 0 1 0 0 3M Ago 0 1 1 0 0 Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $102.5, along with a high estimate of $110.00 and a low estimate of $98.00. This current average has increased by
Stifel analyst Nathan Jones maintains Veralto (NYSE:VLTO) with a Buy and raises the price target from $100 to $110.
In the preceding three months, 6 analysts have released ratings for Veralto (NYSE:VLTO), presenting a wide array of perspectives from bullish to bearish. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 1 3 0 0 Last 30D 0 0 1 0 0 1M Ago 0 0 0 0 0 2M Ago 1 1 1 0 0 3M Ago 1 0 1 0 0 The 12-month price targets, analyzed by analysts, offer insights with an average target of $99.17, a high estimate of $104.00, and a low estimate of $94.00. This upward trend is apparent, with the