Carrier Global Corporation Trading Volume Drops 32.67% to 479th Position

On July 14, 2025, Carrier Global Corporation (CARR) experienced a significant decline in trading volume, with a total of 1.96 billion shares traded, marking a 32.67% decrease from the previous day. This placed Carrier at the 479th position in terms of trading volume for the day. The stock price also saw a slight decrease, falling by 0.01% over the past two days, resulting in a total decline of 0.21%.

Citigroup has raised its price target for Carrier Global Corporation from $82 to $89. This adjustment reflects the company's strong position in the heating, ventilation, air conditioning, and refrigeration (HVACR) market, as well as its diverse product portfolio and global presence. Carrier Global Corporation specializes in the design, manufacture, and marketing of HVACR systems for both industrial and domestic use, with products sold under various brand names such as Carrier, Automated Logic, Bryant, and others. The company also provides security systems and fire detection and protection systems under brands like Autronica, Chubb, and Kidde.

Citi analyst Andrew Kaplowitz maintains a buy rating for Carrier Global Corporation, citing the company's robust market position and growth potential. The analyst's decision to adjust the target price from $82 to $89 underscores the confidence in Carrier's ability to deliver strong financial performance and continue to expand its market share. The company's net sales are distributed geographically, with the United States accounting for 50.2% of total sales, followed by Europe at 29.7%, Asia/Pacific at 17%, and other regions at 3.1%.