On Oct 25, major Wall Street analysts update their ratings for $Carrier Global (CARR.US)$, with price targets ranging from $76 to $89.
Barclays analyst Julian Mitchell maintains with a buy rating, and adjusts the target price from $90 to $89.
Wells Fargo analyst Joe O'Dea maintains with a hold rating, and adjusts the target price from $82 to $76.
Baird analyst Timothy Wojs maintains with a buy rating, and adjusts the target price from $88 to $86.
Oppenheimer analyst Noah Kaye maintains with a buy rating, and maintains the target price at $88.
KeyBanc analyst Jeffrey Hammond maintains with a hold rating.
Furthermore, according to the comprehensive report, the opinions of $Carrier Global (CARR.US)$'s main analysts recently are as follows:
Carrier Global's HVAC revenue fell short of expectations, despite previously rising expectations due to the apparent strength of the North American residential HVAC market. Looking forward, attention is now turning to the potential for organic growth across key HVAC markets in the upcoming year.
Despite softer results in the third quarter, the outlook for HVAC going into the fourth quarter seems more optimistic, with stronger order trends observed and residential sell-through characterized as very robust in October.
Here are the latest investment ratings and price targets for $Carrier Global (CARR.US)$ from 6 analysts:
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.