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Analysts’ Top Industrial Goods Picks: Axon Enterprise (AXON), Jacobs Solutions (J)

Tipranks - Tue Jun 16, 6:04AM CDT

There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on Axon Enterprise (AXON), Jacobs Solutions (J) and Deere (DE) with bullish sentiments.

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Axon Enterprise (AXON)

In a report released today, James Fish from Piper Sandler maintained a Buy rating on Axon Enterprise, with a price target of $674.00. The company’s shares closed last Friday at $441.73.

According to TipRanks.com, Fish is a 4-star analyst with an average return of 9.3% and a 54.0% success rate. Fish covers the Technology sector, focusing on stocks such as Hewlett Packard Enterprise, Zoom Video Communications, and DigitalOcean Holdings. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Axon Enterprise with a $670.47 average price target, representing a 50.0% upside. In a report issued on June 1, TipRanks – xAI also upgraded the stock to Buy with a $498.00 price target.

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Jacobs Solutions (J)

In a report released today, Sabahat Khan from RBC Capital maintained a Buy rating on Jacobs Solutions, with a price target of $169.00. The company’s shares closed last Friday at $127.00.

According to TipRanks.com, Khan is a 4-star analyst with an average return of 6.0% and a 49.5% success rate. Khan covers the Industrial Goods sector, focusing on stocks such as Legence Corp. Class A, Republic Services, and Waste Connections. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Jacobs Solutions with a $157.11 average price target, implying a 23.9% upside from current levels. In a report issued on June 1, Bernstein also maintained a Buy rating on the stock with a $163.00 price target.

Deere (DE)

In a report released today, Jerry Revich from Wells Fargo assigned a Buy rating to Deere, with a price target of $750.00. The company’s shares closed last Friday at $577.48.

According to TipRanks.com, Revich is a 5-star analyst with an average return of 8.9% and a 56.1% success rate. Revich covers the Industrial Goods sector, focusing on stocks such as Westinghouse Air Brake Technologies, EquipmentShare.com, Inc., and Republic Services. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Deere with a $657.84 average price target, which is a 15.5% upside from current levels. In a report issued on June 5, TipRanks – xAI also upgraded the stock to Buy with a $654.00 price target.

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