A number of firms have modified their ratings and price targets on shares of Fortrea (NASDAQ: FTRE) recently:
- 7/6/2026 – Fortrea was upgraded by Zacks Research from “hold” to “strong-buy”.
- 7/5/2026 – Fortrea was downgraded by Wall Street Zen from “buy” to “hold”.
- 6/27/2026 – Fortrea was upgraded by Wall Street Zen from “hold” to “buy”.
- 6/24/2026 – Fortrea had its price target raised by Barclays PLC from $16.00 to $18.00. They now have an “equal weight” rating on the stock.
- 5/12/2026 – Fortrea had its price target raised by Mizuho from $11.00 to $13.00. They now have a “neutral” rating on the stock.
Fortrea, Inc is a global contract development and manufacturing organization (CDMO) that provides integrated solutions for pharmaceutical and biotechnology companies. Established as a spin-off from Thermo Fisher Scientific’s Pharma Services business in October 2023, Fortrea leverages a legacy of scientific expertise and manufacturing scale to support drug development from early-stage research through commercial production. The company’s comprehensive offerings address the complex needs of both small-molecule and biologics programs, making it a single source for clients seeking to accelerate timelines and manage costs.
Fortrea’s core services encompass analytical and formulation development, process optimization, clinical and commercial manufacturing, and packaging services.
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