Ingersoll-Rand price target raised to $57 from $55 at RW Baird Baird raised it price target on Ingersoll-Rand following better than expected Q4 results. The firm cited management guidance, potential for margin expansion, and positive price cost dynamics. Shares are Outperform rated.
News For IR From The Last 14 Days
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Ingersoll-Rand price target raised to $65 from $59 at Credit Suisse Credit Suisse raised Ingersoll-Rand's price target to $65 ahead of the IR Security spin-off later this year and said investors are paying very little for the unit at current prices. Ingersoll-Rand is a top pick in the group and Outperform rated.