Wall Street Analysts Are Bullish on Top Industrial Goods Picks
There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Boeing (BA – Research Report) and Fastenal Company (FAST – Research Report) with bullish sentiments.
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Boeing (BA)
RBC Capital analyst Kenneth Herbert maintained a Buy rating on Boeing today and set a price target of $265.00. The company’s shares closed last Tuesday at $249.00.
According to TipRanks.com, Herbert is a top 100 analyst with an average return of
Currently, the analyst consensus on Boeing is a Strong Buy with an average price target of $258.85, implying a 5.9% upside from current levels. In a report issued on January 14, Bernstein also upgraded the stock to Buy with a $298.00 price target.
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Fastenal Company (FAST)
In a report released today, Stephen Volkmann from Jefferies reiterated a Buy rating on Fastenal Company, with a price target of $52.00. The company’s shares closed last Tuesday at $42.62.
According to TipRanks.com, Volkmann is a 5-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Fastenal Company with a $45.13 average price target, representing a 7.6% upside. In a report released yesterday, TipRanks – DeepSeek also upgraded the stock to Buy with a $49.00 price target.
