Ingersoll Rand Exhibits Strong Prospects Despite Headwinds
Ingersoll Rand(IR) ZACKS·2024-09-07 01:50
Ingersoll Rand Inc. (IR) is set to gain from a healthy demand environment and innovation capabilities. The company continues to see higher orders across its product portfolio of industrial vacuums and blowers along with stable orders for compressors, which will drive the Industrial Technologies & Services segment. Growth in short-cycle orders, along with strong book-and-ship orders, is likely to be a tailwind for the Precision and Science Technologies segment. The company remains positive about the underlyi ...