Barclays analyst Julian Mitchell lowered the firm’s price target on Carrier Global (CARR) to $83 from $87 and keeps an Overweight rating on the shares. The firm adjusted targets in the multi-industry group as part of a Q1 preview. It sees revenue and margin pressure alongside lower investor expectations.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CARR:
- Carrier Global (CARR) Stock Can Rise 25%, Says JPMorgan Chase
- Carrier Global and Google Cloud announce agreement
- JPMorgan upgrades Carrier to Overweight with revision cycle over
- Carrier Global upgraded to Overweight from Neutral at JPMorgan
- Carrier Global upgraded to Outperform from Peer Perform at Wolfe Research