Carlisle price target lowered to $340 from $350 at Truist

Truist analyst Keith Hughes lowered the firm’s price target on Carlisle (CSL) to $340 from $350 and keeps a Hold rating on the shares. The company had put some cautionary language about business in a conference presentation last month that brought down estimates, and while its Q3 results came in above views, its Q4 guide was a good bit below and will result in the second half estimates falling notably, the analyst tells investors in a research note.