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Analysts Conflicted on These Industrial Goods Names: Blue Bird (BLBD) and Allegiant Travel Company (ALGT)

Tipranks - Fri Feb 6, 6:10AM CST

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Blue Bird (BLBDResearch Report) and Allegiant Travel Company (ALGTResearch Report).

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Blue Bird (BLBD)

In a report released yesterday, Gregory Lewis from BTIG reiterated a Buy rating on Blue Bird, with a price target of $65.00. The company’s shares closed last Wednesday at $49.69.

According to TipRanks.com, Lewis is a 5-star analyst with an average return of 17.8% and a 52.7% success rate. Lewis covers the Industrial Goods sector, focusing on stocks such as Capital Clean Energy Carriers, Nano Nuclear Energy Inc., and Legence Corp. Class A. ;'>

Currently, the analyst consensus on Blue Bird is a Strong Buy with an average price target of $60.80, a 16.2% upside from current levels. In a report released yesterday, TipRanks – OpenAI also upgraded the stock to Buy with a $58.00 price target.

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Allegiant Travel Company (ALGT)

In a report released today, Atul Maheswari from UBS maintained a Hold rating on Allegiant Travel Company, with a price target of $102.00. The company’s shares closed last Wednesday at $99.86, close to its 52-week high of $107.57.

According to TipRanks.com, Maheswari is a 1-star analyst with an average return of -4.8% and a 51.2% success rate. Maheswari covers the Industrial Goods sector, focusing on stocks such as United Airlines Holdings, Frontier Group Holdings, and Southwest Airlines. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Allegiant Travel Company with a $99.27 average price target, which is a 5.2% upside from current levels. In a report released today, Bank of America Securities also reiterated a Hold rating on the stock with a $105.00 price target.

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