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Analysts Offer Insights on Industrial Goods Companies: RXO, Inc. (RXO) and Builders Firstsource (BLDR)

Tipranks - Fri Jan 16, 4:16AM CST

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on RXO, Inc. (RXOResearch Report) and Builders Firstsource (BLDRResearch Report) with bullish sentiments.

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RXO, Inc. (RXO)

In a report released today, Brandon Oglenski from Barclays maintained a Buy rating on RXO, Inc., with a price target of $15.00. The company’s shares closed last Wednesday at $15.21.

According to TipRanks.com, Oglenski is a 4-star analyst with an average return of 7.1% and a 50.8% success rate. Oglenski covers the Industrial Goods sector, focusing on stocks such as Sun Country Airlines Holdings, Canadian Pacific Kansas City, and Canadian National Railway. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for RXO, Inc. with a $15.42 average price target.

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Builders Firstsource (BLDR)

Barclays analyst Matthew Bouley maintained a Buy rating on Builders Firstsource today and set a price target of $136.00. The company’s shares closed last Wednesday at $126.38, close to its 52-week low of $122.49.

According to TipRanks.com, Bouley is a 5-star analyst with an average return of 15.2% and a 63.3% success rate. Bouley covers the Industrial Goods sector, focusing on stocks such as Fortune Brands Innovations, Advanced Drainage Systems, and SiteOne Landscape Supply. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Builders Firstsource with a $125.37 average price target, implying a 0.3% upside from current levels. In a report issued on January 6, UBS also maintained a Buy rating on the stock with a $143.00 price target.

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