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Allegion (ALLE) Shows Operational Rigor Amid Mixed Market Conditions, Says Mizuho

Allegion plc (NYSE:ALLE) ranks among the best-performing European stocks to invest in. On August 27, Mizuho retained its Neutral rating on Allegion plc (NYSE:ALLE) while raising its price target to 170from170 from 155. The raise comes after Mizuho and Allegion CEO John Stone and VP of Investor Relations Josh Pokrzywinski met in Boston. During those discussions, management consistently delivered a message about end-markets that were characterized as “resilient albeit tough/mixed.” Mizuho reported that Allegion ...