Goldman Sachs reonstated coverage of Carrier Global (CARR) with a Buy rating and $96 price target Carrier has undergone a large portfolio transformation to become a focused pure play HVAC manufacturer hat is poised to benefit from secular tailwinds as well as a cyclical improvement, the analyst tells investors in a research note. The firm thinks the Viessmann profit improvement as well as an acceleration in Transport Refrigeration is underappreciated by the market.
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Read More on CARR:
- Carrier Global increases quarterly dividend 18% to 22.5c per share
- Carrier Global price target raised to $92 from $89 at Barclays
- Lockheed Martin names Kevin O’Connor as new general counsel
- Carrier Global Sells Fire Business for $3 Billion
- Carrier Global completed the sale of its Commercial, Residential Fire business
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
