BMO starts coverage of Roper Technologies with 'market perform' rating
BUZZ-BMO starts coverage of Roper Technologies with 'market perform' rating ** BMO initiates coverage of software firm Roper Technologies ROP.O with a "market perform" rating; sets $393 PT, implying about 10% upside to stock's last close
** Brokerage says Roper has compounded cash flows through acquisitions and steady organic growth and management is executing on internal AI initiatives
** Shares of co up marginally at $356.95 premarket
** 9 of 22 brokerages rate the stock "buy" or higher, 11 "hold" and 2 "sell"; their median PT is $453.21 - data compiled by LSEG
** Up to last close, stock down 20% YTD
(Reporting by Anzar Mehraj in Bengaluru)
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BMO starts coverage of Roper Technologies with 'market perform' rating