Baird lowered the firm’s price target on Ingersoll-Rand (IR) to $100 from $103 and keeps an Outperform rating on the shares. The firm updated its model following quarterly results andbelieves the company is well positioned for an eventual recovery.
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Read More on IR:
- Ingersoll-Rand price target lowered to $91 from $94 at Citi
- Closing Bell Movers: Amazon soars to all-time highs on earnings
- Ingersoll-Rand reports Q3 adjusted EPS 86c, consensus 86c
- Ingersoll-Rand cuts FY25 EPS view to $3.25-$3.31 from $3.34-$3.46
- Ingersoll-Rand price target raised to $79 from $78 at Stifel