Analyst Julian Mitchell fears Allegion's underperformance in...

Moomoo AI Dec 4, 2023 10:44

Analyst Julian Mitchell fears Allegion's underperformance in the slowing U.S. non-residential buildings market. Barclays also anticipates negative investor response to Allegion's potential acquisition of Carrier's security unit due to valuation and leverage concerns.

Allegion Downgraded to Equal Weight at Barclays

Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates. Read more

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