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Trane price target lowered to $404 from $408 at Baird

Trane price target lowered to $404 from $408 at Baird

Baird lowered the firm’s price target on Trane (TT) to $404 from $408 and keeps a Neutral rating on the shares. The firm said they posted upside to Street estimates for both revenue and EPS, led by stronger Americas and EMEA results, more than offsetting weaker China performance in APAC.

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