Barclays Maintains Overweight on Ingersoll Rand, Raises Price Target to $76
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Julian Mitchell maintains an Overweight rating on Ingersoll Rand (NYSE:IR) and raises the price target from $70 to $76.
August 04, 2023 | 3:51 pm
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POSITIVE IMPACT
Barclays maintains an Overweight rating on Ingersoll Rand and raises the price target from $70 to $76, indicating a positive outlook for the company.
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