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Analysts Are Bullish on These Industrial Goods Stocks: EMCOR Group (EME), Thomson Reuters (TRI)

Tipranks - Fri Feb 27, 9:56AM CST

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on EMCOR Group (EMEResearch Report) and Thomson Reuters (TRIResearch Report) with bullish sentiments.

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EMCOR Group (EME)

William Blair analyst Tim Mulrooney maintained a Buy rating on EMCOR Group today. The company’s shares closed last Thursday at $734.90.

According to TipRanks.com, Mulrooney is a 4-star analyst with an average return of 13.0% and a 62.5% success rate. Mulrooney covers the Industrial Goods sector, focusing on stocks such as WillScot Mobile Mini Holdings, Montrose Environmental Group, and Concrete Pumping Holdings. ;'>

Currently, the analyst consensus on EMCOR Group is a Moderate Buy with an average price target of $754.00.

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Thomson Reuters (TRI)

Canaccord Genuity analyst Aravinda Galappatthige maintained a Buy rating on Thomson Reuters yesterday and set a price target of $131.50. The company’s shares closed last Thursday at $99.91.

According to TipRanks.com, Galappatthige is a 1-star analyst with an average return of -0.2% and a 47.4% success rate. Galappatthige covers the NA sector, focusing on stocks such as Cogeco Communications, Rogers Communication, and Quebecor. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Thomson Reuters with a $134.65 average price target, a 33.3% upside from current levels. In a report issued on February 10, RBC Capital also upgraded the stock to Buy with a $126.00 price target.

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