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Analysts’ Top Industrial Goods Picks: Advanced Drainage Systems (WMS), FedEx (FDX)

Tipranks - Tipranks - Wed May 27, 5:32AM CDT

There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on Advanced Drainage Systems (WMS), FedEx (FDX) and Parker Hannifin (PH) with bullish sentiments.

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Advanced Drainage Systems (WMS)

In a report released today, Matthew Bouley from Barclays maintained a Buy rating on Advanced Drainage Systems, with a price target of $181.00. The company’s shares closed last Friday at $133.00.

According to TipRanks.com, Bouley is a 5-star analyst with an average return of 12.2% and a 56.6% success rate. Bouley covers the Industrial Goods sector, focusing on stocks such as Fortune Brands Innovations, SiteOne Landscape Supply, and Builders Firstsource. ;'>

Currently, the analyst consensus on Advanced Drainage Systems is a Strong Buy with an average price target of $186.80, implying a 39.6% upside from current levels. In a report issued on May 21, TipRanks – DeepSeek also upgraded the stock to Buy with a $152.00 price target.

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FedEx (FDX)

In a report released today, Christian Wetherbee from Wells Fargo maintained a Buy rating on FedEx, with a price target of $450.00. The company’s shares closed last Friday at $394.20.

According to TipRanks.com, Wetherbee is a 5-star analyst with an average return of 14.7% and a 62.7% success rate. Wetherbee covers the Industrial Goods sector, focusing on stocks such as United Airlines Holdings, Knight Transportation, and Old Dominion Freight. ;'>

FedEx has an analyst consensus of Moderate Buy, with a price target consensus of $421.75, a 7.1% upside from current levels. In a report issued on May 14, TipRanks – PerPlexity also upgraded the stock to Buy with a $427.00 price target.

Parker Hannifin (PH)

In a report released today, Joe O’Dea from Wells Fargo maintained a Buy rating on Parker Hannifin, with a price target of $950.00. The company’s shares closed last Friday at $866.96.

According to TipRanks.com, O’Dea is a 5-star analyst with an average return of 10.1% and a 56.8% success rate. O’Dea covers the Industrial Goods sector, focusing on stocks such as Emerson Electric Company, Honeywell International, and Stanley Black & Decker. ;'>

Currently, the analyst consensus on Parker Hannifin is a Strong Buy with an average price target of $1038.69, representing a 19.1% upside. In a report issued on May 11, Evercore ISI also maintained a Buy rating on the stock with a $1064.00 price target.

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