Trane Technologies Plc (TT) has been performing quite well in the stock market recently. Its growing presence and consistently exceeding estimated earnings, have resulted in an increase in its stock value. TT has shown resilience in the market even on days when it underperformed. This growth has been driven largely by the company's leading sustainability performance which has also led to an optimistic forecast for its 2024 Price Target. The company saw a 22% increase in shares over three months and a further 45.6% increase over the last year. Various asset management firms have reported significant stock holdings in TT. Impressive Q1 and Q2 earnings beat estimates, which raised the company's revenue and EPS Guidance and resulted in various firms buying or retaining their stakes. However, there have been series of shares sold by TT’s top executives. These events coupled with the increased price target by Wells Fargo & Company and Stephens to $295.00 and $320.00 respectively, provides an optimistic outlook for future growth.
Trane Technologies Plc TT News Analytics from Thu, 14 Sep 2023 07:00:00 GMT to Thu, 16 May 2024 07:46:12 GMT -
Rating 8
- Innovation 5
- Information 7
- Rumor 6
