Barclays Maintains Overweight on Ingersoll Rand, Raises Price Target to $105
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Julian Mitchell has maintained an Overweight rating on Ingersoll Rand (NYSE:IR) and raised the price target from $101 to $105.
October 02, 2024 | 5:56 pm
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Barclays has reaffirmed its Overweight rating on Ingersoll Rand and increased the price target from $101 to $105, indicating a positive outlook.
The increase in price target from $101 to $105 by Barclays suggests a positive outlook for Ingersoll Rand, likely leading to a short-term price increase. The Overweight rating indicates confidence in the stock's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100