Carrier Global ( (CARR) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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Carrier Global’s stock movement has caught attention due to its strategic investment and partnership with ZutaCore, focusing on innovative cooling solutions for data centers, a market poised for growth. Despite this promising development, analysts have adjusted their price targets, with RBC Capital and Barclays lowering theirs due to mixed performance and market challenges. In contrast, Mizuho upgraded Carrier Global to ‘Outperform,’ expressing confidence in the company’s strategic direction and growth potential.
More about Carrier Global
YTD Price Performance: -4.68%
Average Trading Volume: 5,338,829
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $56.55B
For further insights into CARR stock on TipRanks’ Stock Analysis page.
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