A Closer Look at 9 Analyst Recommendations For Trane Technologies
Portfolio Pulse from Benzinga Insights
Nine analysts have recently provided ratings for Trane Technologies (NYSE:TT), with a mix of bullish, somewhat bullish, indifferent, and somewhat bearish sentiments. The average 12-month price target has increased to $359.33, reflecting a 4.59% rise from the previous average. Analysts from firms like Barclays, RBC Capital, Wells Fargo, Baird, and UBS have raised their price targets, indicating a positive outlook.
August 01, 2024 | 7:06 pm
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Trane Technologies has received mixed analyst ratings, with a new average 12-month price target of $359.33, up 4.59% from the previous average. Analysts from Barclays, RBC Capital, Wells Fargo, Baird, and UBS have raised their price targets, indicating a generally positive outlook.
The increase in the average price target and the fact that multiple analysts from reputable firms have raised their targets suggest a positive short-term impact on Trane Technologies' stock price. The mixed ratings indicate some caution, but the overall trend is upward.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100