Ingersoll-Rand price target lowered to $78 from $95 at Stifel

Stifel lowered the firm’s price target on Ingersoll-Rand (IR) to $78 from $95 and keeps a Hold rating on the shares following a “modest” Q2 beat with 2025 organic sales guidance reduced on lower tariff-related pricing without offsetting organic volume expectations. The firm believes management is continuing to take a cautious view on 2025 given the macro environment and tariff related uncertainty, seeing orders growth driven by longer cycle orders that convert more in 2026, the analyst tells investors.