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Analysts Offer Insights on Industrial Goods Companies: FedEx (FDX), Hillman Solutions (HLMN) and Bloom Energy (BE)

Tipranks - Wed Apr 15, 8:52AM CDT

There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on FedEx (FDX), Hillman Solutions (HLMN) and Bloom Energy (BE) with bullish sentiments.

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FedEx (FDX)

In a report released today, Ken Hoexter from Bank of America Securities reiterated a Buy rating on FedEx, with a price target of $440.00. The company’s shares closed last Tuesday at $367.32.

According to TipRanks.com, Hoexter is a 3-star analyst with an average return of 1.0% and a 48.3% success rate. Hoexter covers the Industrial Goods sector, focusing on stocks such as Westinghouse Air Brake Technologies, 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 $414.81 average price target, an 11.5% upside from current levels. 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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Hillman Solutions (HLMN)

In a report released yesterday, Brian McNamara from Canaccord Genuity maintained a Buy rating on Hillman Solutions, with a price target of $14.00. The company’s shares closed last Tuesday at $8.85, close to its 52-week low of $8.43.

According to TipRanks.com, McNamara is a 1-star analyst with an average return of -0.9% and a 50.9% success rate. McNamara covers the NA sector, focusing on stocks such as Reynolds Consumer Products, Driven Brands Holdings, and SharkNinja, Inc. ;'>

Currently, the analyst consensus on Hillman Solutions is a Strong Buy with an average price target of $12.50.

Bloom Energy (BE)

Evercore ISI analyst Nicholas Amicucci maintained a Buy rating on Bloom Energy today and set a price target of $179.00. The company’s shares closed last Tuesday at $197.73.

According to TipRanks.com, Amicucci is a 4-star analyst with an average return of 8.3% and a 56.7% success rate. Amicucci covers the Utilities sector, focusing on stocks such as Public Service Enterprise, American Electric Power, and Consolidated Edison. ;'>

Bloom Energy has an analyst consensus of Moderate Buy, with a price target consensus of $153.59, representing a -13.1% downside. In a report issued on April 9, Susquehanna also maintained a Buy rating on the stock with a $173.00 price target.

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