** Oppenheimer lifts PT of heating, ventilation, air conditioning (HVAC) products maker Carrier Global to $71 from $64
** Brokerage lifts PT on peer Johnson Controls to $76 from $70
** Sees HVAC sector strength on strong fundamental setup from sustained robustness in commercial market demand for the products
** Residential market demand normalizing on destocking ending, warmer weather, benefits from price increases - brokerage
** Oppenheimer cites "portfolio transformation initiatives" of the companies through mergers, acquisitions and divestitures, for raising PT
** YTD, JCI up 15%, CARR 10%
(Reporting by Aatreyee Dasgupta)
((Aatreyee.Dasgupta@thomsonreuters.com))
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