Barclays Maintains Overweight on Ingersoll Rand, Lowers Price Target to $101
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Julian Mitchell maintains an Overweight rating on Ingersoll Rand (NYSE:IR) but lowers the price target from $106 to $101.
August 02, 2024 | 2:49 pm
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NEUTRAL IMPACT
Barclays analyst Julian Mitchell maintains an Overweight rating on Ingersoll Rand but lowers the price target from $106 to $101.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100