JPMorgan analyst Stephen Tusa lowered the firm’s price target on Carrier Global (CARR) to $64 from $78 and keeps an Overweight rating on the shares. The firm updated models and price targets in the electrical equipment and multi-industry sector to reflect tariffs.
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Read More on CARR:
- Trump’s Tariffs Are Like a ‘$700B Tax’ for Consumers, Says UBS
- Carrier Global price target lowered to $83 from $87 at Barclays
- Carrier Global (CARR) Stock Can Rise 25%, Says JPMorgan Chase
- Carrier Global and Google Cloud announce agreement
- JPMorgan upgrades Carrier to Overweight with revision cycle over
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