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Benzinga
Benzinga
Business
Akanksha Bakshi

Read How Analysts Reacted To Allegion's Q4 Results

ALLE Allegion Americas (Organization) Credit Suisse John Walsh Mizuho NYSE Wells Fargo
  • Analysts lowered the price target for Allegion PLC (NYSE:ALLE) post Q4 results.
  • Mizuho analyst Brett Linzey lowered the price target to $145 (an upside of 26.7%) from $170 and maintained a Buy rating on the shares post the Q4 results.
  • Linzey mentions Allegion's Q4 operational results were modestly ahead of expectations, with Americas driving the outperformance.
  • Related: Allegion Q4 Results Surpass Expectation; Names Michael Wagnes As Finance Chief
  • Morgan Stanley analyst Joshua Pokrzywinski reduced the price target to $134 (an upside of 17%) from $146 and kept an Equal-Weight rating on the shares.
  • Credit Suisse analyst John Walsh lowered the price target to $134 (an upside of 17%) from $142 and maintained a Neutral rating on the shares.
  • Wells Fargo analyst Joseph O'Dea lowered the price target to $147 (an upside of 28.4%) from $157 and maintained an Overweight rating on the shares.
  • Price Action: ALLE shares are trading lower by 2.24% at $114.47 on the last check Wednesday.
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