Oppenheimer lowered the firm’s price target on Carlisle (CSL) to $495 from $505 and keeps an Outperform rating on the shares. Recent channel checks imply modest risk vs. Q4 estimates and the potential for further Carlisle Weatherproofing Technologies demand weakness into early 2025, though commentary remains positive on commercial roofing backlogs and likely solid re-roofing activity next construction season, the analyst tells investors in a research note.
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Read More on CSL:
- Carlisle Companies Expands with Plasti-Fab Acquisition
- Carlisle appoints Susan Wallace as CHRO
- Carlisle initiated with a Hold at Truist
- Carlisle management to meet virtually with Loop Capital
- Carlisle Companies’ Legal Challenges: Understanding the Potential Impact on Financial Performance
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
