Ingersoll-Rand upgraded to Outperform from Market Perform at Wells Fargo
Wells Fargo upgraded Ingersoll-Rand citing near and long-term catalysts that could drive upside to 2012 guidance. The firm thinks shares could double over the next four to five years and raised its target range for the stock to $44-$46 from $30-$32. :theflyonthewall.com
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