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Analysts Offer Insights on Industrial Goods Companies: PureCycle Technologies (PCT), Emerson Electric Company (EMR) and GXO Logistics (GXO)

Tipranks - Thu May 7, 4:44PM CDT

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on PureCycle Technologies (PCT), Emerson Electric Company (EMR) and GXO Logistics (GXO).

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PureCycle Technologies (PCT)

Alembic Global analyst Hassan Ahmed maintained a Buy rating on PureCycle Technologies today and set a price target of $18.00. The company’s shares closed last Wednesday at $7.62.

According to TipRanks.com, Ahmed is a 4-star analyst with an average return of 8.2% and a 49.0% success rate. Ahmed covers the Basic Materials sector, focusing on stocks such as Air Products and Chemicals, Westlake Corporation, and Chemours Company. ;'>

Currently, the analyst consensus on PureCycle Technologies is a Moderate Buy with an average price target of $13.25.

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Emerson Electric Company (EMR)

In a report released today, Joseph C Giordano from TD Cowen maintained a Hold rating on Emerson Electric Company, with a price target of $150.00. The company’s shares closed last Wednesday at $147.99.

According to TipRanks.com, Giordano is a 5-star analyst with an average return of 11.5% and a 61.8% success rate. Giordano covers the Industrial Goods sector, focusing on stocks such as Watts Water Technologies, Ralliant Corporation, and Rockwell Automation. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Emerson Electric Company with a $159.36 average price target, which is a 12.2% upside from current levels. In a report issued on May 1, TipRanks – OpenAI also downgraded the stock to Hold with a $150.00 price target.

GXO Logistics (GXO)

In a report released today, Patrick Creuset from Goldman Sachs maintained a Hold rating on GXO Logistics. The company’s shares closed last Wednesday at $49.91.

Creuset has an average return of 8.3% when recommending GXO Logistics. ;'>

According to TipRanks.com, Creuset is ranked #3049 out of 12228 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for GXO Logistics with a $70.36 average price target, a 39.0% upside from current levels. In a report released yesterday, TipRanks – PerPlexity also reiterated a Hold rating on the stock with a $47.00 price target.

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