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Fly News Breaks for March 20, 2017
IR
Mar 20, 2017 | 05:54 EDT
Wells Fargo analyst Richard Kwas upgraded Ingersoll-Rand to Outperform after assuming coverage of the name. The analyst sees upside potential to 2017 and 2018 consensus estimates amid improving demand in key U.S. institutional verticals as well as Climate segment margin expansion. He raised his price target range for the shares to $95-$100 from $80-$83.
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