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Analysts Are Bullish on These Industrial Goods Stocks: Alaska Air (ALK), Eaton (ETN)

Tipranks - Tue Apr 28, 7:40AM CDT

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Alaska Air (ALK) and Eaton (ETN) with bullish sentiments.

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Alaska Air (ALK)

TD Cowen analyst Thomas Fitzgerald CFA maintained a Buy rating on Alaska Air today and set a price target of $52.00. The company’s shares closed last Friday at $41.59.

According to TipRanks.com, CFA is a 4-star analyst with an average return of 10.8% and a 59.8% success rate. CFA covers the Industrial Goods sector, focusing on stocks such as Sun Country Airlines Holdings, United Airlines Holdings, and Southwest Airlines. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Alaska Air with a $56.00 average price target, a 34.1% upside from current levels. In a report issued on April 16, TipRanks – PerPlexity also upgraded the stock to Buy with a $48.00 price target.

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Eaton (ETN)

Mizuho Securities analyst Brett Linzey maintained a Buy rating on Eaton today and set a price target of $485.00. The company’s shares closed last Friday at $423.92.

According to TipRanks.com, Linzey is a 5-star analyst with an average return of 16.9% and a 73.5% success rate. Linzey covers the Industrial Goods sector, focusing on stocks such as Emerson Electric Company, Stanley Black & Decker, and Lennox International. ;'>

Eaton has an analyst consensus of Strong Buy, with a price target consensus of $423.30, a -1.6% downside from current levels. In a report issued on April 13, Citi also maintained a Buy rating on the stock with a $464.00 price target.

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