Barclays raised the firm’s price target on Carrier Global to $79 from $78 and keeps an Overweight rating on the shares post the Q1 report. As the portfolio simplifies, the stock should re-rate to peer valuation multiples, the analyst tells investors in a research note.
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Read More on CARR:
- Carrier Reports Strong First Quarter 2024 Results
- Carrier Global (NYSE:CARR) Branches Out into Heat Pumps, Shareholders Approve
- Carrier Board of Directors Declares Quarterly Cash Dividend
- Carrier Global’s venture group invests in strategic thermal labs
- Carrier Global price target raised to $63 from $60 at Citi
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