Oppenheimer raises PT on Carrier Global after Q1 earnings beat estimates
02/05/2025 11:49
** Oppenheimer raises PT on Carrier Global CARR.N to $85 from $73 - a 22% upside to the stock's last close
** Says co's trends broadly improving, with controllable levers including commercial expansion and after-market growth
** Brokerage says confident of co's strong earnings starting to build momentum for the coming quarters
** Oppenheimer raises 2025 adj EPS forecast to 3.03 from 2.80
** Brokerage reiterates rating at "outperform"
** Co announced earnings on Thursday
** 15 of 25 brokerages rate the stock "buy" or higher, 10 "hold"; their median PT is $79
** As of last close, stock had risen 2% YTD
(Reporting by Apratim Sarkar)
((Apratim.Sarkar@thomsonreuters.com))