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Analysts Offer Insights on Industrial Goods Companies: FedEx (FDX) and Bombardier (OtherBDRBF)

Tipranks - Sat Feb 14, 6:26AM CST

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on FedEx (FDXResearch Report) and Bombardier (BDRBFResearch Report).

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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 $431.00. The company’s shares closed last Thursday at $369.46.

According to TipRanks.com, Hoexter is a 3-star analyst with an average return of 1.7% and a 49.7% 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. ;'>

FedEx has an analyst consensus of Moderate Buy, with a price target consensus of $346.76, representing a -5.3% downside. In a report issued on February 3, Wells Fargo also upgraded the stock to Buy with a $380.00 price target.

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Bombardier (BDRBF)

In a report released today, Tim James from TD Cowen maintained a Hold rating on Bombardier, with a price target of C$280.00. The company’s shares closed last Thursday at $179.29.

James has an average return of 20.3% when recommending Bombardier. ;'>

According to TipRanks.com, James is ranked #787 out of 12109 analysts.

Currently, the analyst consensus on Bombardier is a Moderate Buy with an average price target of $194.32.

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