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Analysts Offer Insights on Industrial Goods Companies: Firefly Aerospace, Inc. (FLY), Ballard Power Systems (BLDP) and Carrier Global (CARR)

Tipranks - Sat Mar 14, 4:02AM CDT

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Firefly Aerospace, Inc. (FLYResearch Report), Ballard Power Systems (BLDPResearch Report) and Carrier Global (CARRResearch Report).

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Firefly Aerospace, Inc. (FLY)

In a report released yesterday, Colin Canfield from Cantor Fitzgerald maintained a Buy rating on Firefly Aerospace, Inc., with a price target of $65.00. The company’s shares closed last Thursday at $23.23, close to its 52-week low of $16.00.

According to TipRanks.com, Canfield is a 5-star analyst with an average return of 51.5% and a 56.3% success rate. Canfield covers the Industrial Goods sector, focusing on stocks such as Amentum Holdings, Inc., Kratos Defense, and Redwire. ;'>

Firefly Aerospace, Inc. has an analyst consensus of Hold, with a price target consensus of $43.33.

See the top stocks recommended by analysts >>

Ballard Power Systems (BLDP)

KeyBanc analyst Sangita Jain maintained a Hold rating on Ballard Power Systems today. The company’s shares closed last Thursday at $2.42.

According to TipRanks.com, Jain is a 5-star analyst with an average return of 15.9% and a 52.9% success rate. Jain covers the Industrial Goods sector, focusing on stocks such as Primoris Services, Aecom Technology, and Jacobs Solutions. ;'>

Ballard Power Systems has an analyst consensus of Hold, with a price target consensus of $2.83, a 29.5% upside from current levels. In a report issued on March 11, National Bank also maintained a Hold rating on the stock with a $3.15 price target.

Carrier Global (CARR)

In a report released today, Julian Mitchell from Barclays maintained a Buy rating on Carrier Global, with a price target of $72.00. The company’s shares closed last Thursday at $56.49, close to its 52-week low of $53.33.

According to TipRanks.com, Mitchell is a 5-star analyst with an average return of 15.3% and a 64.5% success rate. Mitchell covers the Industrial Goods sector, focusing on stocks such as Emerson Electric Company, Honeywell International, and Stanley Black & Decker. ;'>

Carrier Global has an analyst consensus of Moderate Buy, with a price target consensus of $70.00, implying a 20.6% upside from current levels. In a report issued on February 26, Jefferies also reiterated a Buy rating on the stock with a $90.00 price target.

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