Trane price target raised to $200 from $185 at Argus

Argus analyst John Eade raised the firm’s price target on Trane to $200 from $185 and keeps a Buy rating on the shares. The analyst notes that the company’s "business is good" as its Q4 earnings topped expectations and its guidance calls for another year of double-digit growth. The firm also expects Trane to focus on reducing energy intensity in buildings, lowering greenhouse gas emissions and food waste, and improving productivity for customers, which are "good long-term businesses".