Veralto Corporation (NYSE:VLTO) is considered one of the best IPO stocks to buy currently. UBS analyst Joshua Spector lowered the price target for Veralto to $102 from $109 with a Neutral rating, while Stifel analyst Nathan Jones reduced it to $118 from $120 with a Buy rating on February 6. Barclays analyst William Grippin also lowered the price target to $117 with an Overweight rating following the company’s Q4 report. The stock’s recent decline is attributed to broader market dynamics rather than specific company concerns. Veralto offers water analytics, treatment, marking, coding, and packaging solutions globally, with segments focusing on Water Quality and Product Quality & Innovation. While Veralto shows investment potential, other AI stocks may present greater upside potential and less downside risk. For undervalued AI stock options, a free report is available for interested investors.

Read more at Yahoo Finance: UBS Lowers Veralto (VLTO) PT to $102 with Neutral Rating