Jefferies Raises Target on Ingersoll-Rand (IR) to $50
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Price: $80.51 +1.49%
Rating Summary:
18 Buy, 16 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
18 Buy, 16 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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Jefferies boosted its price target earlier on Buy-rated Ingersoll-Rand (NYSE: IR) from $45 to $50 following the annual analyst day.
"With significant building exposure, lower expectations and low valuation we continue to view IR as a must-own name in machinery-land," the analyst comments.
For an analyst ratings summary and ratings history on Ingersoll-Rand click here. For more ratings news on Ingersoll-Rand click here.
Shares of Ingersoll-Rand closed at $40.35 yesterday.
"With significant building exposure, lower expectations and low valuation we continue to view IR as a must-own name in machinery-land," the analyst comments.
For an analyst ratings summary and ratings history on Ingersoll-Rand click here. For more ratings news on Ingersoll-Rand click here.
Shares of Ingersoll-Rand closed at $40.35 yesterday.
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