Oppenheimer raises PT on Carrier Global after Q1 earnings beat estimates
ReutersMay 2, 2025 10:49 AM
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
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