Credit Suisse has decided to maintain its Outperform rating of Trane Technologies TT and raise its price target from $175.00 to $187.00.
Shares of Trane Technologies are trading up 2.74% over the last 24 hours, at $165.21 per share.
A move to $187.00 would account for a 13.19% increase from the current share price.
About Trane Technologies
Trane Technologies manufactures and services commercial and residential HVAC systems and transportation refrigeration solutions under its prominent Trane, American Standard, and Thermo King brands. The $14 billion company generates approximately 70% of sales from equipment and 30% from parts and services. While the firm is domiciled in Ireland, North America accounts for over 70% of its revenue.
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