RBC Capital Maintains Outperform on Carrier Global, Lowers Price Target to $87
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Deane Dray maintains an Outperform rating on Carrier Global (NYSE:CARR) but lowers the price target from $91 to $87.
October 25, 2024 | 5:25 pm
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RBC Capital maintains an Outperform rating on Carrier Global but lowers the price target from $91 to $87, indicating a slightly less optimistic outlook.
The Outperform rating suggests continued confidence in Carrier Global's performance, but the lowered price target indicates a slightly reduced expectation for its stock price. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100