Wells Fargo analyst Joseph O’Dea lowered the firm’s price target on Trane (TT) to $375 from $415 in sympathy with relative valuation compression, while keeping an Underweight rating on the shares. Through the firm’s 2026 earnings bridge work, Wells expects an initial guide of positive 6%-8% for organic growth and $14.70-$14.90 for EPS. Organic growth drives about 90% of the firm’s low-teens EPS growth estimate.
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