Mizuho Downgrades Carrier Global to Neutral, Lowers Price Target to $61
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Brett Linzey has downgraded Carrier Global (NYSE:CARR) from Buy to Neutral and lowered the price target from $63 to $61.
September 14, 2023 | 9:57 am
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NEGATIVE IMPACT
Carrier Global has been downgraded from Buy to Neutral by Mizuho, with a lowered price target of $61.
The downgrade from Buy to Neutral by Mizuho indicates a less optimistic outlook for Carrier Global. The lowering of the price target from $63 to $61 also suggests that the analyst sees less upside potential in the stock. This could potentially lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100