Starboard Value Reveals Plans for Margin Boost and 60-144% Share Price Upside at Fortrea Holdings (FTRE)

Key Summary: On October 17, 2023, Starboard Value (5%) announced plans to advocate for margin-boosting changes and other initiatives to enhance share-price appreciation, noting that the company trades at an attractive valuation relative to peers given its margin improvement potential. They projected a significant share price upside of approximately 60% …