Ingersoll-Rand recommended ahead of strategic review at Credit Suisse Credit Suisse recommends buying Ingersoll-Rand ahead of the expected results from its strategic review. The firm does not believe expectations are high and believes the update will solidify margin and return potential. Shares are Outperform rated with a $51 price target, up from $47.
Trian Fund gives quarterly update on stakes NEW STAKES: None. INCREASED STAKES: PepsiCo (PEP), Mondelez (MDLZ), Bank of New York Mellon Group (BK), and Du Pont (DD). DECREASED STAKES: Family Dollar (FDO), and Ingersoll-Rand (IR). LIQUIDATED STAKES: Lazard (LAZ).