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Veralto Corp (VLTO) receives a Buy rating from Jefferies

Veralto Corp’s filing revealed that its Officer Trivedi Surekha acquired Company’s shares for reported $59206.0 on Feb 25 ’25. In the deal valued at $100.35 per share,590 shares were bought.

Then, Honeycutt Jennifer bought 10,414 shares, generating $1,045,045 in total proceeds.

Before that, Aquino Melissa sold 463 shares. Veralto Corp shares valued at $46,115 were divested by the SVP, Water Quality at a price of $99.60 per share. As a result of the transaction, Aquino Melissa now holds 20,761 shares, worth roughly $2.09 million.

Jefferies initiated its Veralto Corp [VLTO] rating to a Buy in a research note published on December 12, 2024; the price target was $125. A number of analysts have revised their coverage, including UBS’s analysts, who began to cover the stock in mid August with a ‘”a Neutral”‘ rating. TD Cowen began covering VLTO with “Hold” recommendation on June 17, 2024. Goldman started covering the stock on March 22, 2024. It rated VLTO as “a Buy”.

Price Performance Review of VLTO

On Tuesday, Veralto Corp [NYSE:VLTO] saw its stock jump 0.58% to $100.65. Over the last five days, the stock has gained 2.81%. Veralto Corp shares have fallen nearly -1.18% since the year began. Nevertheless, the stocks have risen 17.12% over the past one year. While a 52-week high of $115.00 was reached on 01/15/25, a 52-week low of $85.70 was recorded on 02/05/25. SMA at 50 days reached $101.58, while 200 days put it at $103.91.

Levels Of Support And Resistance For VLTO Stock

The 24-hour chart illustrates a support level at 99.28, which if violated will result in even more drops to 97.92. On the upside, there is a resistance level at 102.13. A further resistance level may holdings at 103.62. The Relative Strength Index (RSI) on the 14-day chart is 51.72, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.86, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 23.77%. Stochastics %K at 55.86% indicates the stock is a holding.

The most recent change occurred on March 12, 2024 when Exane BNP Paribas began covering the stock and recommended ‘”an Outperform”‘ rating along with a $103 price target.

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