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RBC raises Fortive's PT ahead of Q3 results



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** RBC Capital Markets raises price targetfor industrial products maker Fortive FTV.N to $85 from $77; maintains "sector perform" rating

** Says investors await progress updates on recently announced company split and will look for signs of recovery in China when FTV reports Q3 results on Oct 30

** Adds thatinvestors are also closely watching order trends in Precision Technologies unit, which FTV is spinning off

** Fifteenof 20 brokerages rate the stock "buy" or higher and five "hold"; their median PT is $88.75 - LSEG data

** Up to last close, stock up 4.88% YTD



Reporting by Anshuman Tripathy in Bengaluru

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