RBC Capital analysts provided their key takeaways from Fortive Corporation (NYSE:FTV) Analyst Meeting, where it reaffirmed Q2/23 and full 2023 year guidance and provided achievable 2028 targets. Notably, the company targets double-digit CAGR for EPS and Free Cash Flow.

Its five core connected workflow strategies (85% of Fortive’s sales) should also benefit from multiple secular trends, including digitization, electrification, automation, and healthcare. M&A strategy was unchanged, with a bias toward bolt-ons.

Overall, the event showcased the company’s deep management bench along with an impressive number of Fortive’s product/services exhibits.