BofA Positive on Trane Technologies (TT)

Trane Technologies plc (NYSE:TT) is one of the best industrial stocks to buy. On November 14, BofA elevated the price target on Trane from $490 to $550, while upgrading the stock from Neutral to Buy. The upgrade follows the company’s skillful handling of the slowing residential demand in H2 2025 and the possible upside next year.

BofA also noted that Trane has a major engagement in applied HVAC, which accounts for nearly 22% of its revenue, and observed that the company is set to gain from the rebound in Americas Transport in 2026. BofA also emphasized that Trane’s service business, which makes up 33% of revenue, helps contain cyclical swings and supports better results than those of HVAC competitors and market consensus.

BofA Positive on Trane Technologies (TT)

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Separately, on October 28, Trane Technologies plc (NYSE:TT) launched the industry’s first complete thermal management reference design for NVIDIA Omniverse DSX, built for gigawatt-scale AI data centers. The solution enhances performance, scalability, and fast deployment for high-demand AI factories. Trane Technologies’ thermal management system also scales for high-density NVIDIA systems and integrates Omniverse DSX Digital Twins to combine 3D data, speeding up the design, simulation, and deployment of large AI factories while improving sustainability.

Trane Technologies plc (NYSE:TT), headquartered in Swords, Ireland, manufactures and distributes HVAC and transport refrigeration products worldwide.

While we acknowledge the risk and potential of TT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than TT and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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