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Analysts Offer Insights on Industrial Goods Companies: Expeditors International (EXPD) and Leonardo Drs (DRS)

Tipranks - Thu May 7, 9:32AM CDT

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Expeditors International (EXPD) and Leonardo Drs (DRS).

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Expeditors International (EXPD)

TD Cowen analyst Jason Seidl reiterated a Sell rating on Expeditors International today and set a price target of $148.00. The company’s shares closed last Wednesday at $150.42.

According to TipRanks.com, Seidl is a top 100 analyst with an average return of 24.9% and a 70.2% success rate. Seidl covers the Industrial Goods sector, focusing on stocks such as Covenant Logistics Group, Knight Transportation, and Old Dominion Freight. ;'>

Expeditors International has an analyst consensus of Hold, with a price target consensus of $146.75, implying a -4.7% downside from current levels. In a report released today, Barclays also maintained a Sell rating on the stock with a $135.00 price target.

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Leonardo Drs (DRS)

In a report released today, Michael Ciarmoli from Truist Financial maintained a Buy rating on Leonardo Drs. The company’s shares closed last Wednesday at $40.84.

According to TipRanks.com, Ciarmoli is a 5-star analyst with an average return of 22.1% and a 65.1% success rate. Ciarmoli covers the Industrial Goods sector, focusing on stocks such as York Space Systems, Inc., L3Harris Technologies, and Karman Holdings Inc. ;'>

Currently, the analyst consensus on Leonardo Drs is a Moderate Buy with an average price target of $50.80, a 25.6% upside from current levels. In a report issued on April 26, TipRanks – Anthropic also upgraded the stock to Buy with a $44.00 price target.

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