CFRA Maintains Hold on Ingersoll Rand, Raises Price Target to $95
Portfolio Pulse from Benzinga Newsdesk
CFRA analyst Jonathan Sakraida maintains a Hold rating on Ingersoll Rand (NYSE:IR) and raises the price target from $85 to $95.
October 04, 2024 | 9:55 pm
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CFRA analyst Jonathan Sakraida maintains a Hold rating on Ingersoll Rand and raises the price target from $85 to $95, indicating a positive outlook.
The increase in price target from $85 to $95 suggests a positive outlook for Ingersoll Rand, which could lead to a short-term price increase. However, the Hold rating indicates that the analyst does not see a strong buy opportunity, which tempers the impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100