Analysts Offer Insights on Industrial Goods Companies: Broadwind Energy (BWEN), Fastenal Company (FAST) and Byrna Technologies (BYRN)
There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on Broadwind Energy (BWEN – Research Report), Fastenal Company (FAST – Research Report) and Byrna Technologies (BYRN – Research Report) with bullish sentiments.
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Broadwind Energy (BWEN)
In a report released today, Eric Stine from Craig-Hallum maintained a Buy rating on Broadwind Energy. The company’s shares closed last Thursday at $2.44.
According to TipRanks.com, Stine is a 4-star analyst with an average return of
Currently, the analyst consensus on Broadwind Energy is a Strong Buy with an average price target of $4.50, representing a 67.3% upside. In a report issued on January 22, TipRanks – Google also reiterated a Buy rating on the stock with a $4.00 price target.
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Fastenal Company (FAST)
In a report released today, Ryan Merkel from William Blair maintained a Buy rating on Fastenal Company. The company’s shares closed last Thursday at $47.26.
According to TipRanks.com, Merkel is a 4-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 $45.67 average price target, a -4.7% downside from current levels. In a report issued on January 23, Argus Research also maintained a Buy rating on the stock with a $50.00 price target.
Byrna Technologies (BYRN)
Craig-Hallum analyst Jeremy Hamblin reiterated a Buy rating on Byrna Technologies on February 3. The company’s shares closed last Thursday at $11.41, close to its 52-week low of $7.79.
According to TipRanks.com, Hamblin is a 5-star analyst with an average return of
Currently, the analyst consensus on Byrna Technologies is a Strong Buy with an average price target of $43.00.
