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Barchart
Neha Panjwani

Trane Technologies Stock Outlook: Is Wall Street Bullish or Bearish?

TT

Swords, Ireland-based Trane Technologies plc (TT) is a global climate innovator that designs, manufactures, sells, and services industrial equipment. With a market cap of $94.3 billion, the company offers central heaters, air conditioners, electric vehicles, air cleaners, and fluid handling products. 

Shares of the global climate innovator have outperformed the broader market considerably over the past year. TT has gained 84.1% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 31.8%. In 2024, TT stock is up 70.6%, surpassing the SPX’s 25.8% rise on a YTD basis. 

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