Carrier Global Corp. (CARR) stock is up over 5% today to $80.58 due to Asian trade and tariff deals made by the Trump Administration. Unusual options trading suggests potential further gains, with a target price of $95 per share. Shorting long-dated OTM puts could be a strategic move to invest in CARR stock. The recent trade deals with Japan and the Philippines bode well for Carrier Global Corp, which manufactures HVAC and refrigerated products. Q1 earnings showed a 4% YoY sales decline, but CARR reaffirmed its guidance, hinting at potential sales growth. Potential FCF margin increase could drive CARR stock higher, with a price target of $101.37 using FCF yield and $88.70 using the dividend yield method. Analysts are bullish on CARR stock following the recent news, but Q2 earnings results could impact price targets and investor sentiment.
Read more at Yahoo Finance: Tariff Deals Spark Unusual Options Trading in Carrier Global Corp Stock
