Wall Street Analysts Are Bullish on Top Industrial Goods Picks
There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Caterpillar (CAT) and United Airlines Holdings (UAL) with bullish sentiments.
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Caterpillar (CAT)
In a report issued on April 10, Michael Feniger from Bank of America Securities maintained a Buy rating on Caterpillar, with a price target of $825.00. The company’s shares closed last Monday at $789.25.
According to TipRanks.com, Feniger is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Caterpillar with a $753.69 average price target, a -4.4% downside from current levels. In a report issued on April 9, Truist Financial also maintained a Buy rating on the stock.
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United Airlines Holdings (UAL)
In a report released yesterday, Daniel Mckenzie from Seaport Global reiterated a Buy rating on United Airlines Holdings. The company’s shares closed last Monday at $95.10.
According to TipRanks.com, Mckenzie is a 3-star analyst with an average return of
United Airlines Holdings has an analyst consensus of Strong Buy, with a price target consensus of $134.56, representing a 42.3% upside. In a report issued on March 29, TipRanks – xAI also upgraded the stock to Buy with a $97.00 price target.
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