Ingersoll Rand shares are trading higher after Baird raised its price target on the stock from $103 to $109. Also, the company announced the acquisition of Lone Star Blower.

Global Diaphragm Pump Market Size, Share, Competitive Landscape, and Forecast - 2033 | Smart Pumps and Water Treatment Drive 5.60% CAGR Toward USD 11.9 Billion

The global diaphragm pump market is expected to grow from USD 8.1 billion in 2026 to USD 11.9 billion by 2033, driven by technological advancements, industrial expansion, and demand for efficient fluid handling solutions. Key growth factors include IoT-enabled monitoring, predictive maintenance, environmental compliance requirements, and operational efficiency improvements across chemicals, oil & gas, water treatment, pharmaceuticals, and food & beverage sectors.

Evercore ISI Group Maintains In-Line on Ingersoll Rand, Raises Price Target to $93

Evercore ISI Group analyst David Raso maintains Ingersoll Rand (NYSE:IR) with a In-Line and raises the price target from $84 to $93.

Ingersoll Rand Announces Acquisition Of Lone Star Blower, Adding About $50M In Annual Revenue