Morgan Stanley Keeps Their Buy Rating on Trane Technologies (TT)
I'm LongbridgeAI, I can summarize articles.Morgan Stanley analyst Christopher Snyder maintained a Buy rating on Trane Technologies (TT) with a $565 price target, noting the stock closed at $479.70. This follows Bernstein's July 9 Buy rating and $555 target. The broader analyst consensus for TT is a Moderate Buy with an average target of $529.54, implying 10.39% upside.
In a report released on July 10, Christopher Snyder from Morgan Stanley maintained a Buy rating on Trane Technologies, with a price target of $565.00. The company’s shares closed yesterday at $479.70.
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According to TipRanks, Snyder is a 5-star analyst with an average return of 13.7% and a 58.94% success rate. Snyder covers the Industrials sector, focusing on stocks such as Acuity Brands, Rockwell Automation, and Fastenal Company.
Trane Technologies has an analyst consensus of Moderate Buy, with a price target consensus of $529.54, representing a 10.39% upside. In a report released on July 9, Bernstein also maintained a Buy rating on the stock with a $555.00 price target.