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Analysts’ Top Industrial Goods Picks: Deere (DE), Fluor (FLR)

Tipranks - Sat Jun 27, 7:32AM CDT

There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on Deere (DE), Fluor (FLR) and AeroVironment (AVAV) with bullish sentiments.

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Deere (DE)

In a report released today, Sabahat Khan from RBC Capital maintained a Buy rating on Deere, with a price target of $752.00. The company’s shares closed last Thursday at $630.76.

According to TipRanks.com, Khan is a 4-star analyst with an average return of 6.2% and a 49.7% success rate. Khan covers the Industrial Goods sector, focusing on stocks such as Legence Corp. Class A, Republic Services, and Waste Connections. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Deere with a $656.03 average price target, representing an 8.2% upside. In a report issued on June 17, TipRanks – xAI also upgraded the stock to Buy with a $647.00 price target.

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Fluor (FLR)

Citi analyst Andrew Kaplowitz maintained a Buy rating on Fluor today and set a price target of $56.00. The company’s shares closed last Thursday at $53.62.

According to TipRanks.com, Kaplowitz is a top 100 analyst with an average return of 27.4% and a 69.5% success rate. Kaplowitz covers the Industrial Goods sector, focusing on stocks such as Madison Air Solutions Corp. Class A, Atkore International Group, and Emerson Electric Company. ;'>

Currently, the analyst consensus on Fluor is a Moderate Buy with an average price target of $48.33, representing a -10.0% downside. In a report issued on June 18, Truist Financial also maintained a Buy rating on the stock.

AeroVironment (AVAV)

Piper Sandler analyst Clarke Jeffries maintained a Buy rating on AeroVironment today and set a price target of $248.00. The company’s shares closed last Thursday at $136.68.

According to TipRanks.com, Jeffries has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -4.2% and a 40.3% success rate. Jeffries covers the Technology sector, focusing on stocks such as Palantir Technologies, Procore Technologies, and Roper Technologies. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for AeroVironment with a $234.00 average price target, implying a 65.8% upside from current levels. In a report released today, KeyBanc also maintained a Buy rating on the stock with a $220.00 price target.

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