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Analysts Conflicted on These Industrial Goods Names: Woodward (WWD), Donaldson Company (DCI) and FedEx (FDX)

Tipranks - Thu Jun 4, 6:36AM CDT

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Woodward (WWD), Donaldson Company (DCI) and FedEx (FDX).

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Woodward (WWD)

UBS analyst Gavin Parsons reiterated a Buy rating on Woodward today and set a price target of $429.00. The company’s shares closed last Tuesday at $344.70.

According to TipRanks.com, Parsons is a 4-star analyst with an average return of 9.6% and a 60.9% success rate. Parsons covers the Industrial Goods sector, focusing on stocks such as L3Harris Technologies, StandardAero, Inc., and Howmet Aerospace. ;'>

Woodward has an analyst consensus of Strong Buy, with a price target consensus of $437.22, implying a 27.5% upside from current levels. In a report issued on May 26, Susquehanna also initiated coverage with a Buy rating on the stock with a $423.00 price target.

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Donaldson Company (DCI)

Morgan Stanley analyst Angel Castillo maintained a Hold rating on Donaldson Company yesterday and set a price target of $91.00. The company’s shares closed last Tuesday at $85.64.

According to TipRanks.com, Castillo is a 2-star analyst with an average return of 0.7% and a 50.3% success rate. Castillo covers the Industrial Goods sector, focusing on stocks such as Westinghouse Air Brake Technologies, WillScot Mobile Mini Holdings, and Lincoln Electric Holdings. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Donaldson Company with a $93.00 average price target, which is an 11.9% upside from current levels. In a report released yesterday, TipRanks – OpenAI also downgraded the stock to Hold with a $90.00 price target.

FedEx (FDX)

In a report released today, Ravi Shanker from Morgan Stanley maintained a Sell rating on FedEx, with a price target of $160.00. The company’s shares closed last Tuesday at $329.00.

According to TipRanks.com, Shanker is a 3-star analyst with an average return of 1.7% and a 49.4% success rate. Shanker covers the Industrial Goods sector, focusing on stocks such as Allegiant Travel Company, United Airlines Holdings, and Knight Transportation. ;'>

FedEx has an analyst consensus of Strong Buy, with a price target consensus of $414.95.

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