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Trane Technologies ( (TT) ) has provided an update.
On May 27, 2025, Trane Technologies entered into a new $1 billion senior unsecured revolving credit agreement, replacing the previous agreement set to expire in 2026. This new agreement, effective until 2030, will be used for working capital, supporting commercial paper programs, and other corporate purposes, with obligations guaranteed by the company and its subsidiaries.
The most recent analyst rating on (TT) stock is a Hold with a $407.00 price target. To see the full list of analyst forecasts on Trane Technologies stock, see the TT Stock Forecast page.
Spark’s Take on TT Stock
According to Spark, TipRanks’ AI Analyst, TT is a Outperform.
Trane Technologies shows robust financial performance with strong revenue and profit growth, efficient operations, and solid cash flow. Technical indicators suggest the stock is currently overbought. While valuation metrics indicate a high P/E ratio, the latest earnings call provided positive guidance, supporting a strong outlook. Recent board changes are expected to contribute positively to long-term strategic goals.
To see Spark’s full report on TT stock, click here.
More about Trane Technologies
Average Trading Volume: 1,609,183
Technical Sentiment Signal: Buy
Current Market Cap: $97.3B
See more data about TT stock on TipRanks’ Stock Analysis page.