Skip to main content
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts Conflicted on These Industrial Goods Names: Copart (CPRT) and FedEx (FDX)

Tipranks - Wed Apr 8, 3:14AM CDT

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Copart (CPRT) and FedEx (FDX).

Easter Sale - 70% Off TipRanks

Copart (CPRT)

Barclays analyst John Babcock maintained a Sell rating on Copart today and set a price target of $32.00. The company’s shares closed last Monday at $32.84.

According to TipRanks.com, Babcock is a 4-star analyst with an average return of 10.1% and a 45.9% success rate. Babcock covers the NA sector, focusing on stocks such as Penske Automotive Group, Group 1 Automotive, and Sonic Automotive. ;'>

Copart has an analyst consensus of Hold, with a price target consensus of $38.00.

See Insiders’ Hot Stocks on TipRanks >>

FedEx (FDX)

Barclays analyst Brandon Oglenski maintained a Buy rating on FedEx today and set a price target of $450.00. The company’s shares closed last Monday at $358.84.

According to TipRanks.com, Oglenski is a 4-star analyst with an average return of 4.7% and a 48.0% success rate. Oglenski covers the Industrial Goods sector, focusing on stocks such as Sun Country Airlines Holdings, Canadian Pacific Kansas City, and Canadian National Railway. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for FedEx with a $401.88 average price target, an 11.9% upside from current levels. In a report issued on March 23, Deutsche Bank also maintained a Buy rating on the stock with a $479.00 price target.

Read More on CPRT:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.