The recent news regarding Carrier Global Corporation (CARR) presents a mix of positive and negative reports. On one hand, the company has been receiving attention from multiple investment management companies like Charles Schwab Investment Management Inc., Mizuho Securities USA LLC, and Segall Bryant & Hamill LLC. Additionally, Primecap Management Co. CA sold a significant stake in Carrier Global Co, signaling a mixed sentiment.
CARR has recently committed $1.05M to combat the Urban Heat Crisis, and won the 2024 Gold Medal Award for Corporate Sustainability, showcasing dedication to environmental issues. Furthermore, the company has presented at the Baird's 2024 Global Industrial Conference, and is actively involved in combating climate change.
Despite reporting strong quarters multiple times in 2024, Carrier's stock faced downturns as the company missed Q3 estimates, and cut its annual revenue forecast, causing one to ponder over CARR's future prospects. Mixed reactions also follow the company's sales of various business divisions amounting to billions, and it's indictment into AFFF litigation which has been settled presently.
Carrier Global Corporation CARR News Analytics from Sat, 02 Mar 2024 08:00:00 GMT to Sat, 23 Nov 2024 11:12:41 GMT - Rating 4 - Innovation 7 - Information 9 - Rumor -5
