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Allegion price target lowered to $187 from $200 at Goldman Sachs

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.

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