Morgan Stanley Offers Thoughts on Ingersoll-Rand PLC Following Post-Earnings Sell-Off
February 12, 2014 at 08:57 AM EST
In a report published Wednesday, Morgan Stanley analyst Nigel Coe reiterated an Equal-Weight rating and $63.00 price target on Ingersoll-Rand PLC (NYSE: IR ). In the report, Morgan Stanley noted, “IR sold off following weak incremental margin results in 4Q. While we agree that rev guidance looks conservative, execution on