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0 6.0845756008636E-05 0.000395497414055356 -0.00146029814420432 -0.000562823243078802 0.000334651658046893 -0.00118649224216607 -0.00118649224216607
Stock impact report

Here's Why Investing in Allegion (ALLE) Stock Makes Sense Now [Yahoo! Finance]

Trane Technologies plc (TT) 
Company Research Source: Yahoo! Finance
Let's delve into the factors that make this Zacks Rank #2 (Buy) company a smart investment choice at the moment. Growth Catalysts Business Strength: Strong momentum in the Allegion International segment is supporting the company's performance. An increase in demand for electronic security products, driven by growing awareness about the security and safety of people, and infrastructure is aiding the segment. It is worth noting that the segmental revenues increased 1.4% year over year in the first quarter. Higher adoption of advanced technologies and solutions in the electronics security products market is expected to drive Allegion's performance in the quarters ahead. Driven by strength across the business, the company expects the Allegion International segment's revenues to increase in the range of 1.5-3.5% year over year in 2024. Allegion's total revenues are also anticipated to increase in the band of 1.5-3.5% in 2024 from the year-ago levels, while organic sales are expected Show less Read more
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