Goldman Sachs reonstated coverage of Carrier Global (CARR) with a Buy rating and $96 price target Carrier has undergone a large portfolio transformation to become a focused pure play HVAC manufacturer hat is poised to benefit from secular tailwinds as well as a cyclical improvement, the analyst tells investors in a research note. The firm thinks the Viessmann profit improvement as well as an acceleration in Transport Refrigeration is underappreciated by the market.
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