JP Morgan Lowers Price Target on Carrier Global to $60, Maintains Neutral Rating

Saturday, Nov 1, 2025 7:29 pm ET1min read

JP Morgan maintains a Neutral rating on Carrier Global (CARR) and lowers its price target to $60.00 from $61.00. Analyst Stephen Tusa believes the company's HVAC and refrigeration products and services will continue to serve the global residential, commercial, and transportation markets. The average one-year price target for CARR is $73.03, with an upside of 22.98% from the current price.

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