Baird Maintains Outperform on Ingersoll Rand, Raises Price Target to $72
Portfolio Pulse from jenniferd'souza@benzinga.com
Baird analyst Michael Halloran maintains an Outperform rating on Ingersoll Rand (NYSE:IR) and raises the price target from $66 to $72.
August 04, 2023 | 3:28 pm
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Baird analyst maintains an Outperform rating on Ingersoll Rand and raises the price target from $66 to $72.
The news is directly related to Ingersoll Rand and is likely to have a positive impact on its stock price in the short term. The Outperform rating indicates that the analyst expects the company's stock to do better than the market average. Furthermore, the increase in the price target from $66 to $72 suggests that the analyst sees more upside potential in the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100