Wells Fargo Maintains Overweight on Ingersoll Rand, Lowers Price Target to $100
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Joseph O'Dea maintains an Overweight rating on Ingersoll Rand (NYSE:IR) but lowers the price target from $102 to $100.
August 02, 2024 | 6:43 pm
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Wells Fargo analyst Joseph O'Dea maintains an Overweight rating on Ingersoll Rand but lowers the price target from $102 to $100.
The Overweight rating suggests a positive outlook, but the slight reduction in the 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