Stifel raised the firm’s price target on Ingersoll-Rand (IR) to $101 from $87 and keeps a Hold rating on the shares. Q4 beat expectations and while guidance was slightly below consensus, it looks “potentially conservative,” the analyst tells investors.
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Read More on IR:
- Ingersoll-Rand price target raised to $115 from $98 at Baird’
- Ingersoll-Rand price target raised to $111 from $91 at Barclays
- Ingersoll-Rand price target raised to $110 from $92 at Wells Fargo
- Ingersoll Rand Earnings Call Signals Steady, Cautious Growth
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