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Analysts Offer Insights on Industrial Goods Companies: SPX (SPXC) and Boeing (BA)

Tipranks - Sat Mar 7, 4:54PM CST

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on SPX (SPXCResearch Report) and Boeing (BAResearch Report).

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SPX (SPXC)

In a report released today, Joseph C Giordano from TD Cowen maintained a Hold rating on SPX, with a price target of $225.00. The company’s shares closed last Friday at $204.62.

According to TipRanks.com, Giordano is a 5-star analyst with an average return of 11.3% and a 62.5% success rate. Giordano covers the Industrial Goods sector, focusing on stocks such as Watts Water Technologies, Emerson Electric Company, and Mueller Water Products. ;'>

SPX has an analyst consensus of Strong Buy, with a price target consensus of $262.63, a 26.6% upside from current levels. In a report issued on February 26, Truist Financial also maintained a Hold rating on the stock with a $244.00 price target.

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Boeing (BA)

In a report released today, Sheila Kahyaoglu from Jefferies maintained a Buy rating on Boeing, with a price target of $295.00. The company’s shares closed last Friday at $231.11.

According to TipRanks.com, Kahyaoglu is a 5-star analyst with an average return of 13.9% and a 62.5% success rate. Kahyaoglu covers the Industrial Goods sector, focusing on stocks such as BETA Technologies, Inc. Class A, United Airlines Holdings, and York Space Systems, Inc. ;'>

Currently, the analyst consensus on Boeing is a Strong Buy with an average price target of $278.17, a 26.7% upside from current levels. In a report issued on February 23, Bank of America Securities also maintained a Buy rating on the stock with a $270.00 price target.

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