Mizuho analyst Brett Linzey raised the firm’s price target on Trane to $185 from $175 and keeps a Neutral rating on the shares. The company is experiencing an unprecedented level of demand velocity across served HVAC markets, the analyst tells investors in a research note.
Published first on TheFly
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Read More on TT:
- Trane sees 2023 adjusted EPS $8.20-$8.50, consensus $7.89
- Trane reports Q4 adjusted EPS $1.82, consensus $1.65
- Trane rises 8.2%
- Trane price target raised to $175 from $155 at Mizuho
- Trane named short-term buy idea at Deutsche Bank
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