JPMorgan lowered its price target on Allegion plc (ALLE) to $180 from $190 but maintained an Overweight rating, noting resilient margin performance despite growth challenges. Allegion reported strong Q4 revenue of over $1 billion, a 9.3% increase, and adjusted EPS of $1.94, with an adjusted operating margin of 22.4%. The company also guided for 2026 adjusted EPS of $8.70–$8.90 with 5%–7% total revenue growth.
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JPMorgan Sees Resilient Margins at Allegion plc (ALLE) Despite Growth Headwinds
JPMorgan lowered its price target on Allegion plc (ALLE) to $180 from $190 but maintained an Overweight rating, noting resilient margin performance despite growth challenges. Allegion reported strong Q4 revenue of over $1 billion, a 9.3% increase, and adjusted EPS of $1.94, with an adjusted operating margin of 22.4%. The company also guided for 2026 adjusted EPS of $8.70–$8.90 with 5%–7% total revenue growth.