RBC Capital Maintains Outperform on Carrier Global, Lowers Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Deane Dray maintains an Outperform rating on Carrier Global (NYSE:CARR) but lowers the price target from $63 to $60.
February 07, 2024 | 4:56 pm
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RBC Capital maintains an Outperform rating on Carrier Global but lowers the price target from $63 to $60.
The adjustment in price target by RBC Capital, while maintaining an Outperform rating, suggests a positive outlook on Carrier Global's performance but with a slightly moderated expectation. This could lead to a neutral short-term impact on the stock as the market digests the revised price target against the backdrop of continued analyst confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100