Goldman Sachs Maintains Neutral on Trane Technologies, Raises Price Target to $287
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Joe Ritchie has maintained a Neutral rating on Trane Technologies (NYSE:TT) and increased the price target from $253 to $287.
February 05, 2024 | 3:53 pm
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Goldman Sachs maintains a Neutral rating on Trane Technologies but raises the price target from $253 to $287.
The increase in price target by Goldman Sachs, while maintaining a Neutral rating, suggests an optimistic view on Trane Technologies' future performance without fully committing to a bullish stance. This adjustment in price target could lead to increased investor interest and potentially a positive short-term impact on the stock price, as the market adjusts to the new valuation benchmark.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 90