Ingersoll-Rand (IR) Tops Q3 EPS by 9c

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Go back to Ingersoll-Rand (IR) Tops Q3 EPS by 9c

Ingersoll-Rand (IR) PT Raised to $68 at Goldman Sachs

November 4, 2021 5:40 PM EDT

Goldman Sachs analyst Joe Ritchie raised the price target on Ingersoll-Rand (NYSE: IR) to $68.00 while maintaining a Buy rating.

The analyst commented, "IR posted strong segment EBITDA, which was 7% above FactSet consensus expectations driven primarily by the ITS segment with EBITDA margins expanding +150bps y/y. Looking ahead,... More