BUZZ-BMO starts coverage of Roper Technologies with 'market perform' rating

Roper Technologies, Inc.

Roper Technologies, Inc.

ROP

0.00

** 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