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Initiation
Carlisle initiated with an Outperform at Credit Suisse » 16:18
05/27/20
05/27
16:18
05/27/20
16:18
CSL

Carlisle

$123.32 /

+2.7 (+2.24%)

Credit Suisse analyst…

Credit Suisse analyst Adam Baumgarten initiated coverage of Carlisle Companies with an Outperform rating and $146 price target. About 80%-85% of U.S. commercial roofing demand is largely non-discretionary repair and replacement, creating a steady and "somewhat predictable underlying demand profile for the industry," Baumgarten tells investors in a research note. The analyst calls commercial roofing a "diamond in the rough."

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CSL Carlisle
$123.32 /

+2.7 (+2.24%)

CSL Carlisle
$123.32 /

+2.7 (+2.24%)

04/17/20 Jefferies
Carlisle initiated with a Buy at Jefferies
01/21/20 Oppenheimer
Carlisle price target raised to $177 from $170 at Oppenheimer
01/14/20 Berenberg
Carlisle initiated with a Buy at Berenberg
01/07/20 Loop Capital
Carlisle initiated with a Hold at Loop Capital
CSL Carlisle
$123.32 /

+2.7 (+2.24%)

Monday
Conference/Events
Carlisle management to meet virtually with Oppenheimer » 04:55
05/25/20
05/25
04:55
05/25/20
04:55
CSL

Carlisle

$115.50 /

-1.01 (-0.87%)

Virtual Meeting to be…

Virtual Meeting to be held on May 25 hosted by Oppenheimer.

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CSL Carlisle
$115.50 /

-1.01 (-0.87%)

CSL Carlisle
$115.50 /

-1.01 (-0.87%)

04/17/20 Jefferies
Carlisle initiated with a Buy at Jefferies
01/21/20 Oppenheimer
Carlisle price target raised to $177 from $170 at Oppenheimer
01/14/20 Berenberg
Carlisle initiated with a Buy at Berenberg
01/07/20 Loop Capital
Carlisle initiated with a Hold at Loop Capital
CSL Carlisle
$115.50 /

-1.01 (-0.87%)

Over a week ago
Conference/Events
Carlisle management to meet virtually with Oppenheimer » 09:28
05/20/20
05/20
09:28
05/20/20
09:28
CSL

Carlisle

$115.51 /

+0.95 (+0.83%)

Virtual Meeting to be…

Virtual Meeting to be held on May 25 hosted by Oppenheimer.

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CSL Carlisle
$115.51 /

+0.95 (+0.83%)

CSL Carlisle
$115.51 /

+0.95 (+0.83%)

04/17/20 Jefferies
Carlisle initiated with a Buy at Jefferies
01/21/20 Oppenheimer
Carlisle price target raised to $177 from $170 at Oppenheimer
01/14/20 Berenberg
Carlisle initiated with a Buy at Berenberg
01/07/20 Loop Capital
Carlisle initiated with a Hold at Loop Capital
CSL Carlisle
$115.51 /

+0.95 (+0.83%)

Hot Stocks
Carlisle maintains quarterly dividend at 50c per share » 12:00
05/06/20
05/06
12:00
05/06/20
12:00
CSL

Carlisle

$113.55 /

-1.61 (-1.40%)

Carlisle Companies said…

Carlisle Companies said its board has declared a dividend of 50c per share, payable on June 1, to shareholders of record at the close of business on May 15. The dividend rate is unchanged.

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CSL Carlisle
$113.55 /

-1.61 (-1.40%)

04/17/20 Jefferies
Carlisle initiated with a Buy at Jefferies
01/21/20 Oppenheimer
Carlisle price target raised to $177 from $170 at Oppenheimer
01/14/20 Berenberg
Carlisle initiated with a Buy at Berenberg
01/07/20 Loop Capital
Carlisle initiated with a Hold at Loop Capital
Over a month ago
Hot Stocks
Carlisle withdraws FY20 revenue guidance » 16:03
04/21/20
04/21
16:03
04/21/20
16:03
CSL

Carlisle

$117.85 /

-4.62 (-3.77%)

"In response to…

"In response to declining demand, we are making necessary adjustments to our business activities, including measures to manage our costs where appropriate," the company said. "We remain committed to emerging from this crisis in a strong financial position, able to significantly leverage ensuing growth longer-term. Our value creation potential remains very much intact. Highlights include: Vision 2025 is our long-term focus: growing annual revenues to $8 billion, expanding operating margins to 20%, and generating 15% ROIC, all ultimately driving to our targeted $15 of earnings per share. CCM's business is positioned to perform well in this market downturn given the significant need for maintaining critical infrastructure, coupled with a strong and growing industry backlog and evidence that demand is merely delayed. Additionally, CCM is benefiting from lower input costs and a highly variable manufacturing cost structure. Most importantly, we are focused on maintaining the premium Carlisle Experience which our customers have come to rely on, and as we emerge from this crisis, will become even more important. The unprecedented downturn in the commercial aerospace industry caused by the severe decline in passenger airline travel negatively impacts CIT's business, but also provides an opportunity to accelerate and complete restructuring actions, many of which were contemplated in Vision 2025. Recent news from aerospace manufacturers and major airlines, including Boeing resuming operations, airlines deferring and not canceling orders, and a continued multi-year backlog, are encouraging signs despite the current situation. We intend to continue building our Medical Technologies platform, organically and via a robust M&A pipeline. CIT supplies components to customers making critical medical equipment to combat COVID-19. We believe CIT's end market mix will improve dramatically as a result. We continue to evaluate opportunities to deploy capital into strategic and synergistic acquisitions across CCM, CIT, and CFT. The Carlisle Operating System (COS), which has delivered significant savings over the last decade, will continue to be an essential tool for our businesses to rely on as they seek new opportunities to make our operations and business processes more efficient. We remain committed to being a customer of choice, and being a reliable piece of our supply chain across businesses. In light of current economic uncertainty caused by COVID-19, we have decided to withdraw full-year 2020 revenue guidance until a clearer picture emerges for our businesses. We are hopeful that the major airlines and commercial aerospace manufacturers will find improved financial stability soon in order to improve our ability to make accurate forecasts in the future. As we enter the second quarter, I remain confident in Carlisle's businesses given our strong financial foundation, cash generating capabilities, unwavering commitment to our Vision 2025 strategic plan, and our outstanding employees across the globe who continue to provide products and services essential to the world's needs."

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CSL Carlisle
$117.85 /

-4.62 (-3.77%)

04/17/20 Jefferies
Carlisle initiated with a Buy at Jefferies
01/21/20 Oppenheimer
Carlisle price target raised to $177 from $170 at Oppenheimer
01/14/20 Berenberg
Carlisle initiated with a Buy at Berenberg
01/07/20 Loop Capital
Carlisle initiated with a Hold at Loop Capital
Earnings
Carlisle reports Q1 EPS $1.09, consensus $1.01 » 16:02
04/21/20
04/21
16:02
04/21/20
16:02
CSL

Carlisle

$118.10 /

-4.37 (-3.57%)

Reports Q1 revenue…

Reports Q1 revenue $1.03B, consensus $1.04B. "While we are rightly adjusting our business operating norms in response to necessary health and safety guidelines, we also intend to stay on a course of responsible business activity to maintain a stable foundation for the post-COVID-19 business recovery that we know will arrive. Fortunately, all but a very few of our manufacturing facilities continue to operate as essential business. Our efforts to protect our employees at these facilities by implementing recognized COVID-19 health and safety measures and providing sick and family leave benefits have not had, and are not expected to have, a material adverse effect on our operations. However, potentially prolonged declines in customer demand are negatively impacting our operations by decreasing sales, increasing operating costs, reducing efficiencies and increasing employee absenteeism. We are unable to predict the full extent or duration of these impacts at this time."

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CSL Carlisle
$118.10 /

-4.37 (-3.57%)

04/17/20 Jefferies
Carlisle initiated with a Buy at Jefferies
01/21/20 Oppenheimer
Carlisle price target raised to $177 from $170 at Oppenheimer
01/14/20 Berenberg
Carlisle initiated with a Buy at Berenberg
01/07/20 Loop Capital
Carlisle initiated with a Hold at Loop Capital
Initiation
Carlisle initiated with a Buy at Jefferies » 08:15
04/17/20
04/17
08:15
04/17/20
08:15
CSL

Carlisle

$118.82 /

-4.16 (-3.38%)

Jefferies analyst Saree…

Jefferies analyst Saree Boroditsky initiated coverage of Carlisle with a Buy rating and $150 price target. Although near-term demand could get pushed-out by COVID-19, the commercial roofing market, which accounts for about 70% of sales at Carlisle, should be entering a period of steady growth supported by re-roofing trends, Boroditsky tells investors.

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CSL Carlisle
$118.82 /

-4.16 (-3.38%)

01/21/20 Oppenheimer
Carlisle price target raised to $177 from $170 at Oppenheimer
01/14/20 Berenberg
Carlisle initiated with a Buy at Berenberg
01/07/20 Loop Capital
Carlisle initiated with a Hold at Loop Capital
10/23/19 Oppenheimer
Carlisle price target raised to $165 from $160 at Oppenheimer
Conference/Events
Carlisle management to meet with Oppenheimer » 04:55
03/25/20
03/25
04:55
03/25/20
04:55
CSL

Carlisle

$110.04 /

+8.89 (+8.79%)

Meetings to be held in…

Meetings to be held in Atlanta on March 24 and in Florida on March 25 hosted by Oppenheimer.

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CSL Carlisle
$110.04 /

+8.89 (+8.79%)

01/21/20 Oppenheimer
Carlisle price target raised to $177 from $170 at Oppenheimer
01/14/20 Berenberg
Carlisle initiated with a Buy at Berenberg
01/07/20 Loop Capital
Carlisle initiated with a Hold at Loop Capital
10/23/19 Oppenheimer
Carlisle price target raised to $165 from $160 at Oppenheimer
Conference/Events
Carlisle management to meet with Oppenheimer » 04:55
03/24/20
03/24
04:55
03/24/20
04:55
CSL

Carlisle

$101.15 /

-3.72 (-3.55%)

Meetings to be held in…

Meetings to be held in Atlanta on March 24 and in Florida on March 25 hosted by Oppenheimer.

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CSL Carlisle
$101.15 /

-3.72 (-3.55%)

01/21/20 Oppenheimer
Carlisle price target raised to $177 from $170 at Oppenheimer
01/14/20 Berenberg
Carlisle initiated with a Buy at Berenberg
01/07/20 Loop Capital
Carlisle initiated with a Hold at Loop Capital
10/23/19 Oppenheimer
Carlisle price target raised to $165 from $160 at Oppenheimer
Conference/Events
Carlisle management to meet with Oppenheimer » 08:36
03/19/20
03/19
08:36
03/19/20
08:36
CSL

Carlisle

$123.31 /

-0.55 (-0.44%)

Meetings to be held in…

Meetings to be held in Atlanta on March 24 and in Florida on March 25 hosted by Oppenheimer.

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CSL Carlisle
$123.31 /

-0.55 (-0.44%)

01/21/20 Oppenheimer
Carlisle price target raised to $177 from $170 at Oppenheimer
01/14/20 Berenberg
Carlisle initiated with a Buy at Berenberg
01/07/20 Loop Capital
Carlisle initiated with a Hold at Loop Capital
10/23/19 Oppenheimer
Carlisle price target raised to $165 from $160 at Oppenheimer

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