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Trane Technologies (TT) Receives a Buy from Cowen & Co.

In a report released yesterday, Gautam Khanna from Cowen & Co. maintained a Buy rating on Trane Technologies (TTResearch Report), with a price target of $180.00. The company’s shares closed last Wednesday at $150.91.

According to TipRanks.com, Khanna is a 5-star analyst with an average return of 11.5% and a 67.7% success rate. Khanna covers the Technology sector, focusing on stocks such as Huntington Ingalls, Howmet Aerospace, and Transdigm Group.

Currently, the analyst consensus on Trane Technologies is a Moderate Buy with an average price target of $151.00.

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The company has a one-year high of $207.06 and a one-year low of $120.64. Currently, Trane Technologies has an average volume of 1.38M.

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Ireland-based Trane Technologies plc is a diversified industrial manufacturing company formed by the merger of Ingersoll-Sergeant Drill Company and Rand Drill Company. The company provides climate control solutions for buildings, homes, and transportation.

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