B of A Securities Downgrades Carrier Global to Underperform, Lowers Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Andrew Obin has downgraded Carrier Global (NYSE:CARR) from Neutral to Underperform and lowered the price target from $62 to $55.
October 05, 2023 | 2:20 pm
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NEGATIVE IMPACT
Carrier Global has been downgraded from Neutral to Underperform by B of A Securities, with a lowered price target of $55.
The downgrade from Neutral to Underperform and the lowering of the price target by B of A Securities indicates a negative outlook for Carrier Global. This could potentially lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100