Carlisle price target lowered to $410 from $480 at JPMorgan

JPMorgan analyst Tomohiko Sano lowered the firm’s price target on Carlisle (CSL) to $410 from $480 and keeps an Overweight rating on the shares. End-market conditions have worsened, with residential demand down sharply and distributors continuing to reduce inventories, the analyst tells investors in a research note. The firm added that it has revised its 2025 EPS forecast down, though incremental share repurchases provide some offset. While the company’s long-term strengths and Vision 2030 targets remain intact, JPMorgan sees limited potential for outperformance into Q3.