Goldman Sachs analyst Joe Ritchie lowered the firm’s price target on Allegion (ALLE) to $187 from $200 and keeps a Buy rating on the shares as part of a broader research note previewing Q1 results among multi-industry names. The firm has tweaked its growth and margin cadence within the International segment for 2026, and also assumed lower corporate expense, the analyst tells investors in a research note.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ALLE:
- Allegion price target lowered to $155 from $175 at Wells Fargo
- Allegion price target lowered to $165 from $176 at Barclays
- Allegion acquires DCI Hollow Metal on Demand, terms undisclosed
- Allegion price target lowered to $176 from $180 at Barclays
- Allegion price target lowered to $180 from $190 at JPMorgan
