Trane price target raised to $360 from $344 at Baird

Baird raised the firm’s price target on Trane to $360 from $344 and keeps a Neutral rating on the shares. The firm says its heating, ventilation, and air conditioning checks for Q2 suggest sell-out volumes improved progressively through the quarter and price realization remains solid. The analyst sees solid HVAC results for Q2 against relatively positive sentiment.