Baird lowered the firm’s price target on Ingersoll-Rand (IR) to $100 from $103 and keeps an Outperform rating on the shares. The firm updated its model following quarterly results andbelieves the company is well positioned for an eventual recovery.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on IR:
- Ingersoll-Rand price target lowered to $91 from $94 at Citi
- Closing Bell Movers: Amazon soars to all-time highs on earnings
- Ingersoll-Rand reports Q3 adjusted EPS 86c, consensus 86c
- Ingersoll-Rand cuts FY25 EPS view to $3.25-$3.31 from $3.34-$3.46
- Ingersoll-Rand price target raised to $79 from $78 at Stifel