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Analysts Offer Insights on Industrial Goods Companies: HEICO (HEI), American Airlines (AAL) and Caterpillar (CAT)

Tipranks - Fri May 29, 4:44AM CDT

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on HEICO (HEI), American Airlines (AAL) and Caterpillar (CAT).

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HEICO (HEI)

Wells Fargo analyst David E. Strauss maintained a Hold rating on HEICO on May 26 and set a price target of $290.00. The company’s shares closed last Wednesday at $309.40.

According to TipRanks.com, Strauss is a 5-star analyst with an average return of 12.6% and a 66.5% success rate. Strauss covers the Industrial Goods sector, focusing on stocks such as Voyager Technologies, Inc. Class A, York Space Systems, Inc., and Rolls-Royce Holdings. ;'>

Currently, the analyst consensus on HEICO is a Moderate Buy with an average price target of $355.14.

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American Airlines (AAL)

In a report released today, Christian Wetherbee from Wells Fargo maintained a Hold rating on American Airlines, with a price target of $12.00. The company’s shares closed last Wednesday at $14.92.

According to TipRanks.com, Wetherbee is a 5-star analyst with an average return of 15.6% and a 64.0% success rate. Wetherbee covers the Industrial Goods sector, focusing on stocks such as United Airlines Holdings, Knight Transportation, and Old Dominion Freight. ;'>

American Airlines has an analyst consensus of Moderate Buy, with a price target consensus of $14.69, which is a -3.1% downside from current levels. In a report issued on May 24, TipRanks – Anthropic also upgraded the stock to Hold with a $13.00 price target.

Caterpillar (CAT)

In a report released yesterday, Jerry Revich from Wells Fargo reiterated a Buy rating on Caterpillar, with a price target of $1050.00. The company’s shares closed last Wednesday at $909.93.

According to TipRanks.com, Revich is a 4-star analyst with an average return of 8.8% and a 56.5% success rate. Revich covers the Industrial Goods sector, focusing on stocks such as Westinghouse Air Brake Technologies, EquipmentShare.com, Inc., and Republic Services. ;'>

Currently, the analyst consensus on Caterpillar is a Moderate Buy with an average price target of $988.40, implying a 9.2% upside from current levels. In a report issued on May 18, Bank of America Securities also maintained a Buy rating on the stock with a $989.00 price target.

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