Wall Street analysts have set ambitious price targets for three stocks, but StockStory's independent analysis suggests caution on two of them. Carrier Global trades at $62.64 per share, with analysts targeting $77.82. However, the company has shown no organic revenue growth over the past two years, whilst earnings per share have contracted by 8.4% annually. Diminishing returns on capital further suggest earlier profit pools are drying up. Elanco Animal Health, trading at $23.57 against a $31.21 target, has posted muted 2% annual revenue growth over five years. Its adjusted operating margin fell by 3.5 percentage points, and negative returns on capital indicate management lost money during expansion attempts. In contrast, Ulta Beauty appears to justify Wall Street's optimism. Same-store sales have averaged 3.5% growth over two years, whilst the company's 32.6% return on capital demonstrates strong management execution.

PALM BEACH GARDENS, Fla., Jan. 2, 2024 – Carrier Global Corporation (NYSE: CARR) announced today that it has completed its acquisition of Viessmann Climate Solutions from the Viessmann Group. The transaction marks another meaningful step forward in Carrier’s portfolio transformation, further strengthening the company’s global leadership position in intelligent climate and energy solutions.

Carrier Global has acquired 75F, a Minneapolis-based maker of cloud-native, AI-enabled building-automation systems. The climate-equipment company disclosed no financial terms for the deal, which closed on 23 July 2026. Carrier had previously invested in 75F through its venture arm, participating in the company's $45 million Series B round in February 2025 alongside Breakthrough Energy Ventures and Next47. Founded in 2012, 75F had raised roughly $80 million in venture funding. The acquisition gives Carrier ownership of 75F's cloud software and machine-learning layer that automates building systems. Carrier plans to integrate 75F's technology with its WebCTRL building controls, Abound predictive-analytics service, and Nlyte data-centre management software. Carrier specifically cited data centres as a key application, planning to incorporate 75F's AI capabilities into its QuantumLeap thermal-management suite.