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Analysts Offer Insights on Industrial Goods Companies: Karman Holdings Inc. (KRMN) and FedEx (FDX)

Tipranks - Tipranks - Fri Apr 10, 6:28AM CDT

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Karman Holdings Inc. (KRMN) and FedEx (FDX) with bullish sentiments.

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Karman Holdings Inc. (KRMN)

In a report released today, Austin Bohlig from Needham reiterated a Buy rating on Karman Holdings Inc., with a price target of $125.00. The company’s shares closed last Wednesday at $87.75.

According to TipRanks.com, Bohlig is a 4-star analyst with an average return of 24.8% and a 61.5% success rate. Bohlig covers the Industrial Goods sector, focusing on stocks such as Amprius Technologies Inc, Red Cat Holdings, and AeroVironment. ;'>

Karman Holdings Inc. has an analyst consensus of Strong Buy, with a price target consensus of $115.67, representing a 31.1% upside. In a report issued on March 25, RBC Capital also maintained a Buy rating on the stock with a $125.00 price target.

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FedEx (FDX)

Wells Fargo analyst Christian Wetherbee maintained a Buy rating on FedEx today and set a price target of $450.00. The company’s shares closed last Wednesday at $373.43.

According to TipRanks.com, Wetherbee is a 5-star analyst with an average return of 13.3% and a 60.7% success rate. Wetherbee covers the Industrial Goods sector, focusing on stocks such as United Airlines Holdings, Knight Transportation, and Old Dominion Freight. ;'>

Currently, the analyst consensus on FedEx is a Moderate Buy with an average price target of $405.21, representing an 11.3% upside. In a report issued on April 2, Argus Research also maintained a Buy rating on the stock with a $400.00 price target.

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