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Fly News Breaks for July 28, 2016
IR
Jul 28, 2016 | 08:34 EDT
After Ingersoll-Rand reported weaker than expected Q2 results and the stock dropped, Stifel analyst Robert McCarthy says that the stock's decline was caused by concerns over "manageable, transitory issues." The analyst thinks that the company can generate "solid" earnings going forward, and he keeps a Buy rating on the shares.