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Analysts Are Bullish on These Industrial Goods Stocks: Eaton (ETN), Cintas (CTAS)

Tipranks - Tue Jun 16, 11:56AM CDT

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Eaton (ETN) and Cintas (CTAS) with bullish sentiments.

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Eaton (ETN)

Bank of America Securities analyst Andrew Obin maintained a Buy rating on Eaton today. The company’s shares closed last Monday at $408.94.

According to TipRanks.com, Obin is a 5-star analyst with an average return of 20.5% and a 68.6% success rate. Obin covers the Industrial Goods sector, focusing on stocks such as Madison Air Solutions Corp. Class A, Applied Industrial Technologies, and Emerson Electric Company. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Eaton with a $466.60 average price target, implying a 15.8% upside from current levels. In a report issued on June 3, Bernstein also maintained a Buy rating on the stock with a $534.00 price target.

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Cintas (CTAS)

William Blair analyst Tim Mulrooney maintained a Buy rating on Cintas on June 12. The company’s shares closed last Monday at $174.47.

According to TipRanks.com, Mulrooney is a 4-star analyst with an average return of 6.2% and a 46.6% success rate. Mulrooney covers the Industrial Goods sector, focusing on stocks such as WillScot Mobile Mini Holdings, Concrete Pumping Holdings, and BrightView Holdings. ;'>

Cintas has an analyst consensus of Moderate Buy, with a price target consensus of $212.70, representing a 21.9% upside. In a report released today, Truist Financial also assigned a Buy rating to the stock with a $225.00 price target.

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