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Analysts Are Neutral on Top Industrial Goods Stocks: Delta Air Lines (DAL), Carpenter Technology (CRS)

Tipranks - Mon Feb 23, 12:36PM CST

Analysts fell to the sidelines weighing in on Delta Air Lines (DALResearch Report) and Carpenter Technology (CRSResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

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Delta Air Lines (DAL)

In a report issued on February 20, Guilherme Mendes from J.P. Morgan maintained a Hold rating on Delta Air Lines. The company’s shares closed last Friday at $69.44, close to its 52-week high of $69.98.

According to TipRanks.com, Mendes is a 4-star analyst with an average return of 19.8% and a 69.2% success rate. Mendes covers the Industrial Goods sector, focusing on stocks such as Controladora Vuela Compania de Aviacion SAB de CV, Grupo Aeromexico, S.A.B. de C.V. Unsponsored ADR, and Corporacion America Airports SA. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Delta Air Lines with a $83.41 average price target, representing a 23.9% upside. In a report issued on February 9, TipRanks – Anthropic also downgraded the stock to Hold with a $82.00 price target.

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Carpenter Technology (CRS)

In a report released today, Bill Peterson from J.P. Morgan downgraded Carpenter Technology to Hold. The company’s shares closed last Friday at $389.73.

According to TipRanks.com, Peterson is a 4-star analyst with an average return of 8.0% and a 52.6% success rate. Peterson covers the Basic Materials sector, focusing on stocks such as Commercial Metals Company, Lithium Americas Corp., and Ivanhoe Electric Inc. ;'>

Carpenter Technology has an analyst consensus of Strong Buy, with a price target consensus of $378.33.

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