Reported 1 day ago
Carrier Global Corporation (NYSE:CARR) experienced a notable 19.1% increase in its stock price last week, closing at $71.53, driven by robust earnings and positive future projections. The company's net income rose by 53% year-over-year, despite a slight dip in sales. Analysts have reacted positively, with upgrades in their price targets for the stock, fueled by an anticipated strong demand for its HVAC products and services.
Source: YAHOO