BUZZ-Roper Technologies down; Mizuho downgrades rating, cuts PT

Reuters01-06
BUZZ-Roper Technologies down; Mizuho downgrades rating, cuts PT

** Shares of software firm Roper Technologies ROP.O down 1.4% at $428.37

** Brokerage Mizuho downgrades rating for ROP to "underperform" from "neutral"; cuts PT to $419 from $510

** Mizuho expects valuation to remain pressured as AI proliferation is still early and that could delay large software decision-making

** Brokerage says U.S. business prospects could improve with easing tariff pressure, and as industries potentially shift to more cyclical trends, leaving companies such as Roper, which largely depend on non-cyclical demand, underperforming

** 13 of 21 brokerages covering the stock rate "buy" or higher, 5 "hold" and 3 "sell"; median PT is $560 - data compiled by LSEG

** Shares down 14.4% in 2025

(Reporting by Arnav Mishra in Bengaluru)

((Arnav.Mishra@thomsonreuters.com;))

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