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Wall Street Analysts Are Bullish on Top Industrial Goods Picks

Tipranks - Tipranks - Tue Apr 14, 4:26AM CDT

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

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Boeing (BA)

In a report released today, Sheila Kahyaoglu from Jefferies maintained a Buy rating on Boeing, with a price target of $295.00. The company’s shares closed last Friday at $217.63.

According to TipRanks.com, Kahyaoglu is a 5-star analyst with an average return of 12.5% and a 58.9% success rate. Kahyaoglu covers the Industrial Goods sector, focusing on stocks such as Voyager Technologies, Inc. Class A, BETA Technologies, Inc. Class A, and United Airlines Holdings. ;'>

Boeing has an analyst consensus of Strong Buy, with a price target consensus of $274.92, which is a 24.9% upside from current levels. In a report issued on April 10, Susquehanna also maintained a Buy rating on the stock with a $285.00 price target.

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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 Friday at $374.08.

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 Canadian Pacific Kansas City, Canadian National Railway, and Expeditors International. ;'>

FedEx has an analyst consensus of Moderate Buy, with a price target consensus of $414.00, a 9.7% upside from current levels. In a report issued on April 9, Wells Fargo also maintained a Buy rating on the stock with a $450.00 price target.

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