Wells Fargo Maintains Underweight on Trane Technologies, Raises Price Target to $246
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Joe O'Dea has maintained an Underweight rating on Trane Technologies (NYSE:TT) but increased the price target from $200 to $246.
December 19, 2023 | 1:58 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Wells Fargo maintains an Underweight rating on Trane Technologies but raises the price target from $200 to $246.
While the increase in price target from $200 to $246 suggests a positive view on the stock's potential, the Underweight rating indicates that Wells Fargo's analyst believes the stock may not perform as well as its peers in the short term. This mixed signal could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100