KeyBanc analyst Jeffrey Hammond raised his price target for Ingersoll-Rand to $145 from $140 following the company's Q4 earnings release and conference call. The analyst sees Climate's Q4 margin softness as transitory, and is encouraged by the solid initial guidance for Trane Technologies, particularly in light of well-articulated headwinds in the Thermo King business. Hammond sees shares continuing to outperform as Ingersoll-Rand transitions to a pure-play HVAC Company with meaningful market share momentum across most of its businesses. He reiterates an Overweight rating on the stock.