Analysts Bump Up Ingersoll Rand Price Target Post Investor Day


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


  • Wells Fargo analyst Joseph O'Dea upgraded Ingersoll Rand Inc (NYSE:IR) to Overweight from Equal Weight and raised the price target to $68, from $58.
  • O'Dea says he was "impressed" with Ingersoll-Rand's investor day "on a number of fronts" and views Ingersoll as one of the best multi-year set-ups on organic growth, M&A growth, margin expansion, and earnings growth.
  • IR has attractive exposure to key themes like digitalization, energy transition, and ESG, which O'Dea expects stronger relative valuation than the EEMI group.
  • Deutsche Bank analyst Nicole DeBlase raised the price target to $67 from $63 and maintained a Buy rating on the shares post the investor day.
  • Credit Suisse analyst John Walsh raised the price target from $59 to $62 and maintained a Neutral rating.
  • Price Action: IR shares are trading higher by 1.15% at $61.60 during the premarket session on Friday.

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


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Posted In: NewsUpgradesPrice TargetAnalyst RatingsBriefs