B of A Securities Maintains Neutral on Carrier Global, Raises Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Andrew Obin maintains a Neutral rating on Carrier Global (NYSE:CARR) but raises the price target from $72 to $80.
September 13, 2024 | 5:00 pm
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POSITIVE IMPACT
B of A Securities has maintained a Neutral rating on Carrier Global but increased the price target from $72 to $80, indicating a positive outlook on the stock's potential.
The increase in the price target from $72 to $80 suggests a positive outlook on Carrier Global's future performance, which could lead to a short-term increase in stock price. However, the Neutral rating indicates that the analyst does not see a strong buy signal, balancing the impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100