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Analysts Offer Insights on Industrial Goods Companies: Expeditors International (EXPD), Caterpillar (CAT) and Leonardo Drs (DRS)

Tipranks - Thu Aug 6, 7:50AM CDT

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Expeditors International (EXPD), Caterpillar (CAT) and Leonardo Drs (DRS).

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Expeditors International (EXPD)

Goldman Sachs analyst Jordan Alliger maintained a Sell rating on Expeditors International yesterday and set a price target of $171.00. The company’s shares closed last Tuesday at $181.48.

According to TipRanks.com, Alliger is a 4-star analyst with an average return of 8.8% and a 55.1% success rate. Alliger covers the Industrial Goods sector, focusing on stocks such as Knight Transportation, Old Dominion Freight, and Werner Enterprises. ;'>

Expeditors International has an analyst consensus of Hold, with a price target consensus of $177.00, implying a 4.1% upside from current levels. In a report released today, Barclays also maintained a Sell rating on the stock with a $160.00 price target.

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Caterpillar (CAT)

In a report released today, Angel Castillo from Morgan Stanley maintained a Hold rating on Caterpillar, with a price target of $915.00. The company’s shares closed last Tuesday at $876.54.

According to TipRanks.com, Castillo is a 3-star analyst with an average return of 1.4% and a 51.0% success rate. Castillo covers the Industrial Goods sector, focusing on stocks such as Westinghouse Air Brake Technologies, WillScot Mobile Mini Holdings, and Lincoln Electric Holdings. ;'>

Currently, the analyst consensus on Caterpillar is a Moderate Buy with an average price target of $1014.86, a 10.1% upside from current levels. In a report issued on July 27, Erste Group also downgraded the stock to Hold.

Leonardo Drs (DRS)

J.P. Morgan analyst Seth Seifman maintained a Hold rating on Leonardo Drs yesterday and set a price target of $53.00. The company’s shares closed last Tuesday at $45.27.

According to TipRanks.com, Seifman is a 5-star analyst with an average return of 16.3% and a 71.0% success rate. Seifman covers the Industrial Goods sector, focusing on stocks such as Firefly Aerospace, Inc., L3Harris Technologies, and Huntington Ingalls. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Leonardo Drs with a $52.67 average price target, which is a 15.0% upside from current levels. In a report issued on July 30, TipRanks – Anthropic also downgraded the stock to Hold with a $51.00 price target.

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