Oppenheimer analyst Bryan Blair reiterates an Outperform rating and $360 price target on shares of Carlisle, telling investors in a research note that he is bullish on core CCM runway given the multi-year support of the commercial re-roofing cycle, levered by the team’s consistent/value-added product innovation and proven ability to navigate macro dynamics. The analyst, who believes the recent weakness offers a "compelling" buying opportunity, maintains the stance that Carlisle has multiple paths to a high-quality mid-20s EPS run rate medium term.
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