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Analysts Offer Insights on Industrial Goods Companies: WW Grainger (GWW) and Axon Enterprise (AXON)

Tipranks - Wed Feb 4, 1:22PM CST

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on WW Grainger (GWWResearch Report) and Axon Enterprise (AXONResearch Report) with bullish sentiments.

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WW Grainger (GWW)

In a report released today, Ryan Merkel from William Blair maintained a Buy rating on WW Grainger. The company’s shares closed last Tuesday at $1147.00.

According to TipRanks.com, Merkel is a 4-star analyst with an average return of 6.1% and a 55.0% success rate. Merkel covers the Industrial Goods sector, focusing on stocks such as Proficient Auto Logistics, Inc., Lennox International, and Carlisle Companies. ;'>

Currently, the analyst consensus on WW Grainger is a Hold with an average price target of $1076.57, a -1.0% downside from current levels. In a report issued on January 27, Oppenheimer also upgraded the stock to Buy with a $1250.00 price target.

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Axon Enterprise (AXON)

In a report released today, Jonathan Ho from William Blair maintained a Buy rating on Axon Enterprise. The company’s shares closed last Tuesday at $438.16.

According to TipRanks.com, Ho is a 4-star analyst with an average return of 5.5% and a 52.1% success rate. Ho covers the Technology sector, focusing on stocks such as Via Transportation, Inc. Class A, CrowdStrike Holdings, and Palo Alto Networks. ;'>

Axon Enterprise has an analyst consensus of Strong Buy, with a price target consensus of $800.38, representing a 69.7% upside. In a report issued on January 29, Craig-Hallum also maintained a Buy rating on the stock.

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