Morgan Stanley Maintains Overweight on Ingersoll Rand, Raises Price Target to $73
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Joshua Pokrzywinski has maintained an Overweight rating on Ingersoll Rand (NYSE:IR) and raised the price target from $70 to $73.

August 04, 2023 | 5:12 pm
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POSITIVE IMPACT
Morgan Stanley has maintained an Overweight rating on Ingersoll Rand and raised the price target from $70 to $73.
The news of Morgan Stanley maintaining an Overweight rating on Ingersoll Rand and raising the price target is likely to have a positive impact on the company's stock in the short term. This is because the raised price target indicates the analyst's increased confidence in the company's performance, which could attract more investors and drive up the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100