JPMorgan lowered the firm’s price target on Carrier Global (CARR) to $60 from $61 and keeps a Neutral rating on the shares. The company’s Q3 report “was fundamentally as bad as advertised” with a weaker exit rate that supports downside to 2026 estimates, the analyst tells investors in a research note.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CARR:
- Carrier Global price target lowered to $72 from $75 at Baird
- Carrier Global price target lowered to $71 from $75 at Citi
- Carrier Global Reports Q3 2025 Earnings Decline
- Carrier Global Corp. Earnings Call: Mixed Sentiment Amid Growth and Challenges
- Carrier Global Increases Stock Repurchase by $5 Billion
