Ingersoll-Rand (IR) Tops Q2 EPS by 3c, Raises FY EPS Guidance

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Ingersoll-Rand (IR) PT Raised to $93 at RBC Capital; Reiterates Sector Perform

July 27, 2017 8:34 AM EDT

RBC Capital raised its price target on Ingersoll-Rand (NYSE: IR) to $93.00 (from $90.00) while maintaining a Sector Perform rating. The unexpected and rapid deterioration in price/cost over the past two months drove the -3.9% reaction in Sector Perform-rated IR shares on July-26. The 2017... More