Veralto has marginally lagged behind the Nasdaq Composite over the past year and analysts remain optimistic about the stock’s prospects.
In the throes of a market frenzy, where emotions often drive investment decisions, disciplined investors turn to spinoffs to find real, undervalued opportunities.
Although Veralto has outperformed relative to the broader market over the past year, Wall Street analysts maintain a cautiously optimistic outlook about the stock’s prospects.
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