Trane Technologies Stock Outlook: Is Wall Street Bullish or Bearish?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 28 2024
0mins
Source: NASDAQ.COM
Company Performance: Trane Technologies plc has significantly outperformed the broader market with an 84.1% increase in shares over the past year, driven by rising demand for its energy-efficient and innovative solutions, alongside supportive government policies in the U.S. and Europe.
Analyst Ratings and Future Outlook: The consensus among analysts is a "Moderate Buy" for TT stock, with expectations of a 23.2% growth in EPS for the current fiscal year; however, Wells Fargo maintains a "Sell" rating with a price target of $390, despite a potential upside suggested by higher price targets.
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Analyst Views on WFC
Wall Street analysts forecast WFC stock price to rise
17 Analyst Rating
10 Buy
6 Hold
1 Sell
Moderate Buy
Current: 86.290
Low
74.00
Averages
98.66
High
113.00
Current: 86.290
Low
74.00
Averages
98.66
High
113.00
About WFC
Wells Fargo & Company is a financial services company. The Company provides a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, to individuals, businesses and institutions. The Company operates through four segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. The Company provides consumer financial products and services, including checking and savings accounts, credit and debit cards, and auto, residential mortgage, and small business lending. In addition, the Company offers financial planning, private banking, investment management, and fiduciary services. It also provides financial solutions to businesses through products and services including traditional commercial loans and lines of credit, letters of credit, asset-based lending and leasing, trade financing, treasury management, and investment banking services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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