Fortrea Holdings is trading at $23.39, up 10.82%, after a company-specific Barclays upgrade to Overweight from Equalweight.
- Barclays raised its price target to $23; CNBC reports it cited expected margin improvement and evidence of progress in the business turnaround, including recent booking strength.
- Broader indexes were also higher, but available reporting does not establish market sentiment as explaining the size of the move.