Baird Downgrades Ingersoll-Rand To Neutral
Analysts at Baird downgraded Ingersoll-Rand plc (Ireland) (NYSE: IR) from Outperform to Neutral.
The target price for Ingersoll-Rand has been lowered from $68 to $65.
Ingersoll-Rand shares have surged 29.23% over the past 52 weeks, while the S&P 500 index has gained 19.79% in the same period.
Ingersoll-Rand's shares gained 2.69% to close at $62.18 yesterday.
Latest Ratings for IR
|Jan 2016||Citigroup||Initiates Coverage on||Buy|
|Oct 2015||Stifel Nicolaus||Maintains||Buy|
© 2016 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.