Baird raised the firm’s price target on Allegion (ALLE) to $152 from $145 and keeps a Neutral rating on the shares. The firm said trends stable, including stronger institutional performance and more mixed commercial trends. Residential and International also showing signs of bottoming.
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Read More on ALLE:
- Allegion reports Q3 adjusted EPS $2.16, consensus $1.98
- Allegion raises FY24 adjusted EPS view to $7.35-$7.45 from $7.15-$7.30
- ALLE Upcoming Earnings Report: What to Expect?
- Allegion acquires SOSS Door Hardware, terms undisclosed
- Allegion price target raised to $150 from $135 at Mizuho
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