Stifel Maintains Hold on Ingersoll Rand, Raises Price Target to $71
Portfolio Pulse from richadhand@benzinga.com
Stifel analyst Nathan Jones has maintained a 'Hold' rating on Ingersoll Rand (NYSE:IR) and raised the price target from $61 to $71.

July 19, 2023 | 4:25 pm
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Stifel analyst Nathan Jones has maintained a 'Hold' rating on Ingersoll Rand and raised the price target from $61 to $71.
The news is directly related to Ingersoll Rand. The 'Hold' rating suggests that the analyst believes the stock is fairly valued at current levels, and the increase in price target indicates an expectation of potential upside. However, as the rating is 'Hold', it does not necessarily suggest a strong buy or sell action in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100