Carlisle price target lowered to $495 from $505 at Oppenheimer

Oppenheimer lowered the firm’s price target on Carlisle (CSL) to $495 from $505 and keeps an Outperform rating on the shares. Recent channel checks imply modest risk vs. Q4 estimates and the potential for further Carlisle Weatherproofing Technologies demand weakness into early 2025, though commentary remains positive on commercial roofing backlogs and likely solid re-roofing activity next construction season, the analyst tells investors in a research note.