Recently, Carrier Global Corporation (CARR) has been the focus of major financial news and developments. Renowned for its diversified operations and reputable market standing, CARR has been designated as one of Oppenheimer's Top Stock Picks for the next 12 months. Nevertheless, risks have been identified at the current price levels. In the past quarter, Sabal Trust CO, nVerses Capital LLC, and Kintegral Advisory LLC, among other investment entities, made notable purchases of CARR shares. Moreover, the company finalized the $4.95B sale of its Global Access Solutions business. Reiterating its strong market presence, the company also presented at Morgan Stanley's 12th Annual Laguna Conference and the Wolfe Research 17th Annual Global Transportation & Industrials Conference. In recent quarters, CARR demonstrated strong results and a positive outlook for 2024. However, there were instances of market uncertainty due to the stock's near-term outlook. Another significant development was the agreement to sell the commercial and residential fire business to a Lone Star Funds affiliate for $3 Billion. Among the other headlines, the completion of Honeywell's acquisition of CARR's Global Access Solutions attracted attention. The company also expanded its innovation strategy by investing in strategic thermal labs for groundbreaking data center cooling technology development.
Carrier Global Corporation CARR News Analytics from Wed, 15 Nov 2023 08:00:00 GMT to Sun, 01 Sep 2024 11:21:36 GMT -
Rating 5
- Innovation 4
- Information 4
- Rumor -5
