Morgan Stanley Maintains Overweight on Ingersoll Rand, Raises Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Joshua Pokrzywinski maintains an Overweight rating on Ingersoll Rand (NYSE:IR) and raises the price target from $67 to $70.
July 12, 2023 | 1:28 pm
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POSITIVE IMPACT
Morgan Stanley maintains an Overweight rating on Ingersoll Rand and raises the price target from $67 to $70, which could lead to a positive impact on the stock.
The raised price target by Morgan Stanley 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