Wells Fargo analyst Joseph O’Dea raised the firm’s price target on Carrier Global (CARR) to $75 from $65 and keeps an Equal Weight rating on the shares. The firm notes Carrier Global delivered a strong start to the year driven by CSA margin strength on Residential and Commercial revenue strength. Key focus moving forward is any vulnerability to CSA Residential demand on channel inventory destock and customer pricing fatigue, along with EU Residential, Wells adds.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
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 raised to $85 from $73 at Oppenheimer
- Carrier Global price target raised to $82 from $71 at RBC Capital
- Carrier Global price target raised to $80 from $75 at Baird
- Carrier Global Corp. Reports Strong Q1 2025 Results
- Carrier Global Corp’s Earnings Call Highlights Growth and Challenges
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue