Barclays Reaffirms Their Buy Rating on Carrier Global (CARR)
Barclays analyst Julian Mitchell maintained a Buy rating on Carrier Global today and set a price target of $72.00.
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Mitchell covers the Industrials sector, focusing on stocks such as Carrier Global, Ralliant Corporation, and Eaton. According to TipRanks, Mitchell has an average return of 17.3% and a 68.07% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Carrier Global with a $70.36 average price target.
Based on Carrier Global’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $4.84 billion and a net profit of $62 million. In comparison, last year the company earned a revenue of $5.15 billion and had a net profit of $2.55 billion
Read More on CARR:
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- Carrier Global price target raised to $72 from $66 at Baird
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