Analysts’ Top Industrial Goods Picks: Nordson (NDSN), Electrovaya (ELVA)
There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Nordson (NDSN – Research Report) and Electrovaya (ELVA – Research Report) with bullish sentiments.
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Nordson (NDSN)
In a report released today, Walter Liptak from Seaport Global maintained a Buy rating on Nordson, with a price target of $325.00. The company’s shares closed last Friday at $293.44.
According to TipRanks.com, Liptak is a 5-star analyst with an average return of
Currently, the analyst consensus on Nordson is a Strong Buy with an average price target of $317.33, representing a 9.4% upside. In a report issued on February 19, TipRanks – PerPlexity also upgraded the stock to Buy with a $353.00 price target.
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Electrovaya (ELVA)
Seaport Global analyst Jeff Campbell maintained a Buy rating on Electrovaya today and set a price target of $11.00. The company’s shares closed last Friday at $7.56.
Campbell has an average return of
According to TipRanks.com, Campbell is ranked #11345 out of 12136 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Electrovaya with a $10.90 average price target, representing a 43.4% upside. In a report issued on February 20, TipRanks – PerPlexity also upgraded the stock to Buy with a C$12.50 price target.
