This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts Offer Insights on Industrial Goods Companies: RTX (RTX), Carrier Global (CARR) and Delta Air Lines (DAL)

Tipranks - Fri Jun 12, 6:04AM CDT

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on RTX (RTX), Carrier Global (CARR) and Delta Air Lines (DAL).

Introducing TipRanks MCP for Agents

RTX (RTX)

UBS analyst Gavin Parsons reiterated a Hold rating on RTX today. The company’s shares closed last Wednesday at $177.41.

According to TipRanks.com, Parsons is a 4-star analyst with an average return of 9.1% and a 58.5% success rate. Parsons covers the Industrial Goods sector, focusing on stocks such as L3Harris Technologies, StandardAero, Inc., and General Dynamics. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for RTX with a $222.82 average price target, which is a 21.8% upside from current levels. In a report issued on June 1, Bernstein also assigned a Hold rating to the stock with a $208.00 price target.

See the top stocks recommended by analysts >>

Carrier Global (CARR)

Wells Fargo analyst Joe O’Dea maintained a Hold rating on Carrier Global on June 9 and set a price target of $71.00. The company’s shares closed last Wednesday at $67.97.

According to TipRanks.com, O’Dea is a 5-star analyst with an average return of 9.9% and a 58.3% success rate. O’Dea covers the Industrial Goods sector, focusing on stocks such as Emerson Electric Company, Honeywell International, and Lennox International. ;'>

Currently, the analyst consensus on Carrier Global is a Moderate Buy with an average price target of $75.15, representing a 5.3% upside. In a report issued on May 28, Morgan Stanley also maintained a Hold rating on the stock with a $60.00 price target.

Delta Air Lines (DAL)

Wells Fargo analyst Christian Wetherbee assigned a Buy rating to Delta Air Lines today and set a price target of $75.00. The company’s shares closed last Wednesday at $76.47.

According to TipRanks.com, Wetherbee is a 5-star analyst with an average return of 15.2% and a 63.3% success rate. Wetherbee covers the Industrial Goods sector, focusing on stocks such as United Airlines Holdings, Knight Transportation, and Old Dominion Freight. ;'>

Delta Air Lines has an analyst consensus of Strong Buy, with a price target consensus of $85.64, a 8.0% upside from current levels. In a report issued on May 27, TD Cowen also maintained a Buy rating on the stock with a $92.00 price target.

Read More on RTX:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.