Baird raised the firm’s price target on Carrier Global to $64 from $60 and keeps a Neutral rating on the shares. The firm said they posted Q1 adjusted EPS upside behind strong HVAC margins and overall performance in F&S. NA residential was also better than feared, with management prioritizing resi/commercial fire sale now rather than by year-end.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CARR:
- Carrier Global price target raised to $70 from $66 at TD Cowen
- Carrier Global (CARR) Unveils Dividend Details for Q2: Mark Your Calendar!
- Carrier Global price target raised to $79 from $78 at Barclays
- Early notable gainers among liquid option names on April 25th
- Carrier Global expects to resume share repurchases this year
