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Analysts Offer Insights on Industrial Goods Companies: Bluelinx Holdings (BXC), Broadwind Energy (BWEN) and Ballard Power Systems (BLDP)

Tipranks - Thu May 7, 7:24AM CDT

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Bluelinx Holdings (BXC), Broadwind Energy (BWEN) and Ballard Power Systems (BLDP).

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Bluelinx Holdings (BXC)

D.A. Davidson analyst Kurt Yinger maintained a Hold rating on Bluelinx Holdings today and set a price target of $55.00. The company’s shares closed last Tuesday at $46.19.

According to TipRanks.com, Yinger is a 4-star analyst with an average return of 11.4% and a 51.3% success rate. Yinger covers the Industrial Goods sector, focusing on stocks such as Builders Firstsource, Louisiana-Pacific, and Trex Company. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Bluelinx Holdings with a $65.00 average price target, which is a 33.9% upside from current levels. In a report issued on April 21, TipRanks – xAI also reiterated a Hold rating on the stock with a $59.00 price target.

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Broadwind Energy (BWEN)

In a report released today, Justin Clare from Roth MKM reiterated a Buy rating on Broadwind Energy, with a price target of $3.00. The company’s shares closed last Tuesday at $2.69.

According to TipRanks.com, Clare is a 5-star analyst with an average return of 24.3% and a 60.9% success rate. Clare covers the Industrial Goods sector, focusing on stocks such as Vertiv Holdings, nVent Electric, and ESS Tech. ;'>

Broadwind Energy has an analyst consensus of Strong Buy, with a price target consensus of $4.00.

Ballard Power Systems (BLDP)

In a report released today, Macmurray Whale from ATB Cormark Capital Markets maintained a Hold rating on Ballard Power Systems, with a price target of $4.30. The company’s shares closed last Tuesday at $4.33.

According to TipRanks.com, Whale is ranked #1783 out of 12228 analysts.

Ballard Power Systems has an analyst consensus of Hold, with a price target consensus of $3.19, representing a -1.8% downside. In a report released today, KeyBanc also maintained a Hold rating on the stock.

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