Carrier Global price target lowered to $87 from $90 at Barclays

Barclays lowered the firm’s price target on Carrier Global (CARR) to $87 from $90 and keeps an Overweight rating on the shares following the Q4 report. Orders in the quarter were better than expected and the 2025 earnings outlook came in above estimates, the analyst tells investors in a research note. The firm says the shares look “too cheap.”