Analyst UpgradeAnalyst upgrades the rating from equal-weight to overweight based on the belief that Trane Technologies is headed toward top-tier compounder status, valued with a quality-growth premium.
Earnings PerformanceTrane’s 4Q24 revenue and EPS came in above both our estimates and consensus, driven primarily by better than forecast Americas and APAC segment.
Long-term Growth PotentialTrane has been upgraded to a Buy, with a DCF-derived target price of USD415, indicating confidence in its long-term growth potential.