RBC Capital Reiterates Outperform on Carrier Global, Maintains $59 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Deane Dray has reiterated an Outperform rating on Carrier Global (NYSE:CARR) and maintained a price target of $59.

December 04, 2023 | 2:34 pm
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RBC Capital analyst Deane Dray reaffirms an Outperform rating on Carrier Global with a $59 price target, indicating a positive outlook for the stock.
The reiteration of an Outperform rating by a major analyst like RBC Capital suggests a strong vote of confidence in Carrier Global's stock performance. The maintained price target of $59 indicates that the analyst believes the stock has the potential to reach or exceed this price level in the short term. This could positively influence investor sentiment and potentially lead to an increase in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100