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Analysts Are Bullish on Top Industrial Goods Stocks: CAE (CAE), Napco Security Technologies (NSSC)

Tipranks - Wed Feb 4, 7:46AM CST

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on CAE (CAEResearch Report) and Napco Security Technologies (NSSCResearch Report) with bullish sentiments.

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CAE (CAE)

In a report released today, Fadi Chamoun from BMO Capital maintained a Buy rating on CAE, with a price target of C$50.00. The company’s shares closed last Monday at $32.17.

According to TipRanks.com, Chamoun is a 5-star analyst with an average return of 16.1% and a 65.1% success rate. Chamoun covers the Industrial Goods sector, focusing on stocks such as Canadian Pacific Kansas City, Old Dominion Freight, and Norfolk Southern. ;'>

CAE has an analyst consensus of Strong Buy, with a price target consensus of $37.70, which is a 18.1% upside from current levels. In a report issued on January 21, Scotiabank also maintained a Buy rating on the stock with a C$57.00 price target.

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Napco Security Technologies (NSSC)

In a report released today, Peter Costa CFA from Mizuho Securities reiterated a Buy rating on Napco Security Technologies, with a price target of $48.00. The company’s shares closed last Monday at $41.02.

CFA has an average return of 18.9% when recommending Napco Security Technologies. ;'>

According to TipRanks.com, CFA is ranked #7905 out of 12040 analysts.

Napco Security Technologies has an analyst consensus of Strong Buy, with a price target consensus of $49.25, which is a 25.6% upside from current levels. In a report released yesterday, Craig-Hallum also maintained a Buy rating on the stock.

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