Stephens & Co. Downgrades Carrier Global to Equal-Weight, Raises Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. has downgraded Carrier Global from Overweight to Equal-Weight while raising the price target from $75 to $85.
October 16, 2024 | 5:31 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Stephens & Co. downgraded Carrier Global from Overweight to Equal-Weight, but increased the price target from $75 to $85, indicating a mixed outlook.
The downgrade from Overweight to Equal-Weight suggests a less bullish outlook, which could negatively impact the stock. However, the raised price target to $85 indicates some positive expectations, balancing the overall impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100