Oppenheimer analyst Noah Kaye maintains $Carrier Global (CARR.US)$ with a buy rating, and adjusts the target price from $70 to $88.
According to TipRanks data, the analyst has a success rate of 64.0% and a total average return of 14.6% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Carrier Global (CARR.US)$'s main analysts recently are as follows:
The firm believes that entry rates and trends for the year 2025 may hold more significance than updates for the latter half of 2024. The industrial capital expenditure outlook appears to be lethargic, accompanied by residential trends that seem to be at their lowest point, according to insights shared with investors.
It is anticipated that Carrier Global's consensus forecasts for 2025 may require revision when the company reclassifies its F&S business as discontinued operations. This adjustment is seen as another potential challenge for a stock that is perceived to carry a relatively high valuation.
Note:
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