NYSE:FTVMachinery
Evaluating Fortive (FTV)’s Valuation as Options Activity and Analyst Downgrades Signal Shifting Market Expectations
Fortive (FTV) has suddenly grabbed attention after a surge in options activity, with unusually high implied volatility on contracts expiring in September. Options traders seem to be bracing for a meaningful catalyst on the horizon, and that kind of movement tends to attract investors looking for opportunity or protection. In addition, earnings estimates are being revised down and the prevailing analyst sentiment has cooled, suggesting that market expectations have shifted.
This comes after a...