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Fly News Breaks for December 12, 2019
IR
Dec 12, 2019 | 06:42 EDT
UBS analyst Markus Mittermaier initiated coverage of Ingersoll-Rand with a Buy rating and $150 price target. The analyst is positive on the stock ahead of its industrial unit spin-off, allowing the company to focus on its higher-margin Trane and Thermo King business.