Barclays Maintains Overweight on Ingersoll Rand, Raises Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Julian Mitchell maintains an Overweight rating on Ingersoll Rand (NYSE:IR) and raises the price target from $65 to $70.
July 10, 2023 | 2:38 pm
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POSITIVE IMPACT
Barclays maintains an Overweight rating on Ingersoll Rand and raises the price target from $65 to $70, which could lead to a positive market reaction.
The raised price target by Barclays indicates a positive outlook for Ingersoll Rand. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100