Shares of Carlisle Companies fell 4.2% in morning trading after Truist Securities lowered its price target to $340 from $360, maintaining a Hold rating. The analyst cited significant cost inflation in the commercial roofing industry from higher petrochemical prices and supply disruptions for MDI, a key raw material. Although Carlisle and its competitors have raised prices, Truist expects these increases to lag behind rising costs, squeezing profit margins through the remainder of 2026. The stock later pared losses to trade at $354.63, down 3.4% from the previous close.
Carlisle Companies IncorporatedTruist lowered price target citing cost inflation and price increases lagging behind costs, squeezing margins.
Truist Financial Corp