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Analysts Offer Insights on Industrial Goods Companies: JetBlue Airways (JBLU), Worthington Industries (WOR) and FedEx (FDX)

Tipranks - Fri Mar 27, 7:28AM CDT

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on JetBlue Airways (JBLU), Worthington Industries (WOR) and FedEx (FDX).

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JetBlue Airways (JBLU)

TD Cowen analyst Paul Gallant maintained a Hold rating on JetBlue Airways today and set a price target of $5.00. The company’s shares closed last Wednesday at $4.75, close to its 52-week low of $4.50.

According to TipRanks.com, Gallant is ranked #5426 out of 12128 analysts.

JetBlue Airways has an analyst consensus of Moderate Sell, with a price target consensus of $5.04, representing a 17.9% upside. In a report issued on March 24, BMO Capital also initiated coverage with a Hold rating on the stock with a $4.50 price target.

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Worthington Industries (WOR)

In a report released today, Brian McNamara from Canaccord Genuity maintained a Buy rating on Worthington Industries, with a price target of $69.00. The company’s shares closed last Wednesday at $49.51.

According to TipRanks.com, McNamara ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -2.7% and a 47.8% success rate. McNamara covers the NA sector, focusing on stocks such as Reynolds Consumer Products, Driven Brands Holdings, and SharkNinja, Inc. ;'>

Worthington Industries has an analyst consensus of Moderate Buy, with a price target consensus of $64.67, representing a 28.5% upside. In a report issued on March 15, TipRanks – OpenAI also upgraded the stock to Buy with a $52.00 price target.

FedEx (FDX)

J.P. Morgan analyst Brian Ossenbeck maintained a Hold rating on FedEx yesterday and set a price target of $432.00. The company’s shares closed last Wednesday at $357.52.

According to TipRanks.com, Ossenbeck is a 4-star analyst with an average return of 7.5% and a 51.7% success rate. Ossenbeck covers the Industrial Goods sector, focusing on stocks such as Expeditors International, Knight Transportation, and Old Dominion Freight. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for FedEx with a $401.96 average price target, representing an 11.3% upside. In a report issued on March 20, HSBC also upgraded the stock to Hold with a $360.00 price target.

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