Carlisle price target raised to $425 from $420 at Oppenheimer

Oppenheimer raised the firm’s price target on Carlisle (CSL) to $425 from $420 and keeps an Outperform rating on the shares. The firm notes Carlisle reported Q1 adjusted EPS of $3.63, above its/consensus $3.40/$3.33 estimates on favorable corporate expense and CCM margin outperformance. Oppenheimer remains confident in underlying CCM strength, believes CWT affords material growth/earnings runway over the medium term, and sees Carlisle as reasonably positioned to achieve 2026 guidance.