Ingersoll-Rand (IR) Tops Q2 EPS by 6c; Guides Q3, FY13 EPS, Revs

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Go back to Ingersoll-Rand (IR) Tops Q2 EPS by 6c; Guides Q3, FY13 EPS, Revs

UBS Raises PT on Ingersoll-Rand (IR)

July 22, 2013 1:24 PM EDT

UBS today maintained a Buy rating on Ingersoll-Rand (NYSE: IR) and boosted its price target to $71.00 (from $61.00). Comments follow the company's Q2 results.

Analyst Jason Feldman said, "2Q showed solid execution, with encouraging signs in some end markets (albeit, with incremental weakness at... More