Wells Fargo reiterates its Outperform rating on Ingersoll-Rand (IR +0.1%) and adds $2 to its...

|About: Ingersoll-Rand plc (IR)|By:, SA News Editor

Wells Fargo reiterates its Outperform rating on Ingersoll-Rand (IR +0.1%) and adds $2 to its price target range to take it to $47-$49. Channel checks on the company were positive and analysts see a potential double for shares as earnings drivers kick in.