Why Carrier Global Corporation (CARR) Soared Last Week
From Yahoo Finance: 2025-05-04 05:39:00
Last week, Carrier Global Corporation (CARR) saw a 19.1% increase in share prices, closing at $71.53. Despite a 3.7% dip in net sales, the company’s net income surged by 53%. They raised their full-year guidance due to strong demand for HVAC products. Analysts from Oppenheimer and Mizuho Securities raised their price targets for CARR.
Carrier Global Corporation (CARR) ranked 5th on the list of firms that soared last week. While CARR shows promise, AI stocks may offer higher returns in a shorter time frame. Consider exploring a report on the cheapest AI stock with potential for significant growth.
Read more: Why Carrier Global Corporation (CARR) Soared Last Week