JP Morgan Downgrades Carrier Global to Underweight, Announces $53 Price Target
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Stephen Tusa has downgraded Carrier Global (NYSE:CARR) from Neutral to Underweight and set a price target of $53.
October 06, 2023 | 11:50 am
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NEGATIVE IMPACT
Carrier Global has been downgraded by JP Morgan from Neutral to Underweight with a new price target of $53.
The downgrade from JP Morgan, a major financial institution, could negatively impact investor sentiment towards Carrier Global. The new price target of $53 may also influence the stock's short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100