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Analysts Offer Insights on Industrial Goods Companies: Expeditors International (EXPD) and Kadant (KAI)

Tipranks - Wed Feb 25, 3:32PM CST

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Expeditors International (EXPDResearch Report) and Kadant (KAIResearch Report).

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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 $131.00. The company’s shares closed last Tuesday at $138.85.

According to TipRanks.com, Seidl is a top 100 analyst with an average return of 24.2% and a 70.2% success rate. Seidl covers the Industrial Goods sector, focusing on stocks such as Canadian Pacific Kansas City, Covenant Logistics Group, and Knight Transportation. ;'>

Expeditors International has an analyst consensus of Moderate Sell, with a price target consensus of $138.75.

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Kadant (KAI)

In a report released today, Gary Prestopino from Barrington reiterated a Buy rating on Kadant, with a price target of $380.00. The company’s shares closed last Tuesday at $335.80.

According to TipRanks.com, Prestopino is a 4-star analyst with an average return of 4.1% and a 50.1% success rate. Prestopino covers the Technology sector, focusing on stocks such as Methode Electronics, Powerfleet, and Usio. ;'>

Currently, the analyst consensus on Kadant is a Moderate Buy with an average price target of $341.50, implying a 3.9% upside from current levels. In a report issued on February 19, William Blair also maintained a Buy rating on the stock.

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