Ingersoll-Rand (IR) Tops Q1 EPS by 4c; Raises Low End of EPS Guidance

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UPDATE: Ingersoll-Rand (IR) PT Raised to $100 at Stifel Following 1Q

April 27, 2017 8:09 AM EDT

(Updated - April 27, 2017 8:21 AM EDT)

Update corrects PT

Stifel raised its price target on Ingersoll-Rand (NYSE: IR) to $100.00 (from $90.00) while maintaining a Buy rating. Ingersoll-Rand reported 1Q adjusted continuing EPS of $0.57 vs. the $0.52 consensus estimate, up 14% year over year.

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