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9 stories mentioning TTUpdated 5d ago

Every FINWIRES story that references TT, newest first.

Research

Bernstein Initiates Trane Technologies at Outperform With $550 Price Target

Trane Technologies (TT) has an average rating of overweight and mean price target of $526.95, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

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Research

Research Alert: CFRA Maintains Buy Opinion On Shares Of Trane Technologies

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We raise our 12-month price target to $540 from $486, based on a 2027 P/E of 31.5x, a premium to the five-year average of 27.7x on promising sales and margin expansion. Following TT's Q1 beat and guidance increase, we raise our estimates and price target and reiterate our Buy rating on the shares. We increase our adjusted EPS estimates to $14.95 from $14.87 for 2026 and to $17.15 from $16.76 for 2027. TT posted Q1 adjusted EPS of $2.63 vs. $2.45 (+7%), well ahead of the $2.53 consensus. TT's Q1 sales increased 6% to $4.97B ($150M ahead of consensus), but adjusted EBIT margin contracted 20 bps to 16.0%. Organic bookings were up 24%, led by Americas Commercial HVAC, up approximately 40%. TT ended Q1 2026 with a record backlog of $10.7B, up over 30% versus year-end 2025 levels. Management raised full-year 2026 guidance, now expecting 2026 revenue growth of ~9.5% (vs 8.5%-9.5% previously) and adjusted EPS of $14.75-$14.95 (vs $14.65-$14.85 previously).

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Wire

Oppenheimer Adjusts Price Target on Trane Technologies to $530 From $500, Maintains Outperform Rating

Trane Technologies (TT) has an average rating of overweight and mean price target of $512.79, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $493.87, Change: $+1.32, Percent Change: +0.27%

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Wire

RBC Capital Adjusts Trane Technologies Price Target to $501 From $440, Maintains Sector Perform Rating

Trane Technologies (TT) has an average rating of overweight and mean price target of $512.79, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $495.47, Change: $+2.92, Percent Change: +0.59%

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Wire

Morgan Stanley Adjusts Trane Technologies PT to $565 From $535, Maintains Overweight Rating

Trane Technologies (TT) has an average rating of overweight and mean price target of $512.79, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $494.72, Change: $+2.41, Percent Change: +0.49%

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Research

Research Alert: Tt: Q1 Earnings Well Above Expectations; 2026 Guidance Raised

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:TT posted Q1 adjusted EPS of $2.63 vs. $2.45 (+7%), well ahead of the $2.53 consensus. TT's Q1 sales increased 6% to $4.97B ($150M ahead of consensus), but adjusted EBIT margin contracted 20 bps to 16.0%. Organic bookings were up 24 percent, led by Americas Commercial HVAC, which was up approximately 40 percent. TT ended Q1 2026 with a record backlog of $10.7 billion, up over 30% from year-end 2025 levels. TT now expects 2026 revenue growth of ~9.5% versus 8.5%-9.5% previously and adjusted EPS of $14.75-$14.95, up from $14.65-$14.85 previously. TT's Q1 results demonstrate strong commercial momentum, and the record backlog provides excellent visibility. However, margin compression and slower organic revenue conversion warrant monitoring. The increased guidance reflects management's confidence in executing on its substantial order book. From our perspective, the growth in TT's backlog was particularly impressive and should reaffirm investor confidence in its near- and intermediate-term growth prospects.

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Wire

Oppenheimer Adjusts Price Target on Trane Technologies to $500 From $468, Maintains Outperform Rating

Trane Technologies (TT) has an average rating of overweight and mean price target of $488.65, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $470.85, Change: $-2.09, Percent Change: -0.44%

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Research

BNP Paribas Initiates Trane Technologies at Outperform With $550 Price Target

Trane Technologies (TT) has an average rating of overweight and mean price target of $484.21, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

$TT
Research

Evercore ISI Initiates Trane Technologies at Outperform With $535 Price Target

Trane Technologies (TT) has an average rating of overweight and mean price target of $481.67, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

$TT

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