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Carrier Global price target raised to $62 from $54 at TD Cowen

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.

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