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Benzinga
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Roper Technologies Gears Up For Q1 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

1. ROP reports Q1 earnings on April 28, expecting $4.74 EPS. 2. Revenue projected at $1.88 billion, up from $1.68 billion last year. 3. ROP acquiring CentralReach for $1.65 billion, enhancing service offerings. 4. JP Morgan downgraded ROP's price target to $465, maintaining Neutral rating. 5. Stifel and Raymond James give Buy ratings with higher price targets for ROP.

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FAQ

Why Bearish?

The downgrade by JP Morgan indicates a lack of confidence, which may suppress ROP shares. Historical evidence shows price declines often follow analyst downgrades.

How important is it?

Earnings and analyst ratings significantly influence stock price movements; thus, high relevance is assigned.

Why Short Term?

Upcoming earnings results could immediate impact due to speculation on performance, particularly after a downgrade.

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