By: Benzinga
December 10, 2012 at 12:08 PM EST
Jefferies & Company Reiterates Buy Rating, $55 PT on Ingersoll-Rand PLC
In a report published Monday, Jefferies & Company reiterated its Buy rating and $55.00 price target on Ingersoll-Rand PLC (NYSE: IR ). Jefferies noted, “IR announced the results of its strategic review this morning, noting it will spin off its security business, repurchase stock, and increase its dividend. We view
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