Citi raised the firm’s price target on Ingersoll-Rand (IR) to $94 from $91 and keeps a Buy rating on the shares as part of a 2026 outlook for the engineering and construction group. The firm sees artificial intelligence driving continued growth for the sector in 2026. Quanta Services remains Citi’s top overall pick.
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Read More on IR:
- Ingersoll Rand’s Earnings Call: Mixed Sentiments and Strategic Focus
- Ingersoll-Rand acquires Transvac Systems, terms undisclosed
- Ingersoll-Rand price target lowered to $75 from $79 at Stifel
- Ingersoll-Rand price target lowered to $100 from $103 at Baird
- Ingersoll-Rand price target lowered to $91 from $94 at Citi