Oppenheimer analyst Bryan Blair raised the firm’s price target on Carlisle to $345 from $335 and keeps an Outperform rating on the shares after hosting investor meetings with CEO Chris Koch and CFO Kevin Zdimal. The firm’s thesis is generally unchanged/intact, although it came away incrementally positive on Carlisle’s longer-term earnings/cash flow upside given the team’s enhanced focus on product differentiation to further cement Carlisle’s industry leadership.
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Read More on CSL:
- Carlisle management to meet with Oppenheimer
- Carlisle management to meet virtually with Loop Capital
- Carlisle price target raised to $325 from $300 at Loop Capital
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- Carlisle announces 2030 financial targets
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