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Barclays raises Carrier Global's PT on continued demand strength

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** Barclays upgrades PT of air conditioner maker Carrier Global CARR.N to $81 from $79, a 26% upside to stock's last close

** Brokerage says CARR to benefit from global increase in demand for heating, ventilation and air conditioning (HVAC) systems in residential and commercial markets

** "HVAC profit growth likely to remain robust despite near-term Europe challenges," says Barclays

** 10 brokerages rate CARR "buy" or higher, 11 "hold" and two "sell" or lower; their median PT is $65 - LSEG data

** Stock has risen 9.5% YTD

Reporting by Aatreyee Dasgupta


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