Citi raised the firm’s price target on Ingersoll-Rand (IR) to $104 from $91 and keeps a Buy rating on the shares. The firm adjusted targets in the industrial conglomerate group as part of a Q2 earnings preview. It expects most in the sector to report solid results and slightly increase 2025 earnings outlooks.
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Read More on IR:
- Ingersoll-Rand downgraded to Hold from Buy at Melius Research
- Ingersoll-Rand price target raised to $92 from $85 at Barclays
- Ingersoll-Rand acquires Termomeccanica Industrial Compressors, terms undisclosed
- Ingersoll-Rand price target raised to $95 from $86 at Wells Fargo
- Ingersoll Rand Positioned for Long-Term Growth: Buy Rating Affirmed by Andrew Kaplowitz