Roper Technologies price target lowered to $398 from $539 at RBC Capital

Core Viewpoint - RBC Capital has lowered the price target for Roper Technologies (ROP) to $398 from $539 while maintaining a Sector Perform rating due to concerns over organic growth guidance and specific portfolio weaknesses [1] Group 1: Price Target and Rating - RBC Capital reduced the price target for Roper Technologies to $398 from $539 [1] - The firm maintains a Sector Perform rating on Roper Technologies shares [1] Group 2: Growth Concerns - The stock selloff was driven by concerns over softer second-half organic growth guidance [1] - Analysts highlighted three portfolio weaknesses: Deltek, Neptune, and Procare [1] Group 3: AI Threat - The potential threat from emerging AI technologies across Roper's businesses is viewed as a significant concern [1] - This AI threat is expected to persist as a negative factor for at least the next year [1]