Baird Analysts Boost Carrier's Rating to Outperform

Monday, 15 July 2024, 12:55

Baird analysts have upgraded Carrier (CARR) to Outperform based on improved valuation and outlook. The upgrade highlights growth potential and asset sales as key catalysts, with a target price set at $75. This move signifies confidence in Carrier's future performance.
Seeking Alpha
Baird Analysts Boost Carrier's Rating to Outperform

Carrier Upgraded by Baird

Baird analysts have taken a bullish stance on Carrier (CARR) by upgrading its rating to Outperform, driven by positive valuation metrics and outlook.

Growth Catalysts

  • Confidence in Growth: Highlighted growth potential as a key driver for the upgrade
  • Asset Sales: The anticipated asset sales played a role in the decision

The analysts at Baird have set a target price of $75 for Carrier, indicating a positive trajectory ahead for the company.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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