TD Cowen analyst Gautam Khanna raised the firm’s price target on Carrier Global to $62 from $54 and keeps an Outperform rating on the shares. The firm said Q2 sales/EPS beat, CHVAC demand remains strong, portfolio revamp timing is on track, price/cost is positive and 2023 guidance was nudged higher underscoring strong fundamentals.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on CARR:
- Carrier Global files to sell 5.56M shares of common stock
- Carrier Global price target raised to $57 from $49 at Morgan Stanley
- Carrier Global price target raised to $64 from $54 at RBC Capital
- Carrier Global price target raised to $63 from $53 at Mizuho
- Carrier Global price target raised to $63 from $54 at Barclays
