Carlisle price target lowered to $280 from $320 at Baird

Baird analyst Timothy Wojs lowered the firm’s price target on Carlisle to $280 from $320 and keeps an Outperform rating on the shares. The analyst said its roofing checks show weaker volumes, but pricing is holding in. The firm lowered its estimates to reflect weaker volumes, as well as less favorable commodity inputs versus our prior model.