Citi lowered the firm’s price target on Trane (TT) to $494 from $499 and keeps a Buy rating on the shares. The firm reduced 2025 and 2026 earnings estimates citing Trane’s conference commentary indicating weaker residential demand than expected.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TT: