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Analysts’ Top Industrial Goods Picks: CoreCivic (CXW), Symbotic (SYM)

Tipranks - Tue Jul 7, 8:38AM CDT

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on CoreCivic (CXW) and Symbotic (SYM) with bullish sentiments.

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CoreCivic (CXW)

Northland Securities analyst Greg Gibas maintained a Buy rating on CoreCivic today and set a price target of $32.00. The company’s shares closed last Monday at $32.54.

Gibas has an average return of 40.1% when recommending CoreCivic. ;'>

According to TipRanks.com, Gibas is ranked #1486 out of 12356 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for CoreCivic with a $32.00 average price target, representing a 3.1% upside. In a report issued on June 26, Benchmark Co. also maintained a Buy rating on the stock with a $36.00 price target.

See today’s best-performing stocks on TipRanks >>

Symbotic (SYM)

In a report released today, Michael Latimore from Northland Securities maintained a Buy rating on Symbotic, with a price target of $73.00. The company’s shares closed last Monday at $43.77, close to its 52-week high of $48.98.

According to TipRanks.com, Latimore is a 4-star analyst with an average return of 8.9% and a 36.4% success rate. Latimore covers the Technology sector, focusing on stocks such as Gorilla Technology Group Inc., SoundHound AI, Inc Class A, and Palantir Technologies. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Symbotic with a $66.89 average price target, implying a 56.5% upside from current levels. In a report issued on June 22, TipRanks – PerPlexity also upgraded the stock to Buy with a $47.00 price target.

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