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Carrier Global Recasts Financials Amid Strategic Shift

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Carrier Global Recasts Financials Amid Strategic Shift

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An update from Carrier Global ( (CARR) ) is now available.

Carrier Global Corporation announced a recast of its financial statements for the year ended December 31, 2024, to align with changes in its reportable segments, reflecting a strategic transformation of its business portfolio. The revised segments, which include Climate Solutions Americas, Europe, Asia Pacific, Middle East & Africa, and Transportation, aim to enhance management reporting and transparency for investors. This move is part of Carrier’s broader strategy to focus on intelligent climate and energy solutions, following the acquisition of Viessmann’s climate solutions business and the sale of its Access Solutions business to Honeywell.

The most recent analyst rating on (CARR) stock is a Buy with a $96.00 price target. To see the full list of analyst forecasts on Carrier Global stock, see the CARR Stock Forecast page.

Spark’s Take on CARR Stock

According to Spark, TipRanks’ AI Analyst, CARR is a Outperform.

Carrier Global’s overall stock score of 77 reflects strong financial performance and positive earnings call sentiment. Technical analysis and recent corporate events support the company’s positive outlook, though valuation and debt levels pose moderate risks. The strategic initiatives and partnerships bolster confidence in future growth, but vigilance is advised given market and geopolitical challenges.

To see Spark’s full report on CARR stock, click here.

More about Carrier Global

Carrier Global Corporation is a global leader in intelligent climate and energy solutions, offering innovative heating, ventilating, and air conditioning (HVAC), refrigeration, and cold chain transportation solutions. The company provides a broad array of related building services, including audit, design, installation, system integration, repair, maintenance, and monitoring. Carrier’s portfolio includes industry-leading brands such as Carrier, Viessmann, Toshiba, Automated Logic, and Carrier Transicold, aiming to create long-term shareowner value by investing strategically in product and technology innovation.

Average Trading Volume: 4,834,787

Technical Sentiment Signal: Buy

Current Market Cap: $68.74B

For a thorough assessment of CARR stock, go to TipRanks’ Stock Analysis page.

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