Barclays analyst Julian Mitchell lowered the firm’s price target on Ingersoll-Rand (IR) to $93 from $96 and keeps an Overweight rating on the shares. The firm adjusted targets in the multi-industry group as part of a Q1 preview. It sees revenue and margin pressure alongside lower investor expectations.
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Read More on IR:
- Ingersoll-Rand price target lowered to $96 from $102 at Barclays
- Ingersoll-Rand price target raised to $111 from $105 at Baird
- Ingersoll-Rand price target lowered to $94 from $100 at Stifel
- Ingersoll-Rand price target lowered to $102 from $115 at Barclays
- Ingersoll Rand’s Earnings Call Highlights: Growth Amidst Challenges
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