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Carlisle Cos. Shares Up 9% on BMO Raising Target PriceCarlisle Cos. Shares Up 9% on BMO Raising Target Price Dow Jones By Chris Wack Shares of Carlisle Cos. (CSL) rose 9% to $139.83 after BMO Capital raised the company's target price. The investment banking company maintained a Market Perform rating on Carlisle, but raised its target price to $135 from $125. Carlisle reported earnings Tuesday that beat analysts' estimates. Profit from continuing operations was $1.33 a share, or $1.41 a share when excluding restructuring, facility closing and acquisition costs. Analysts polled by FactSet were looking for an adjusted profit of $1.10 a share. |
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