Analysts’ Opinions Are Mixed on These Industrial Goods Stocks: Flowserve (FLS) and RXO, Inc. (RXO)
Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Flowserve (FLS – Research Report) and RXO, Inc. (RXO – Research Report).
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Flowserve (FLS)
RBC Capital analyst Deane Dray maintained a Buy rating on Flowserve yesterday and set a price target of $96.00. The company’s shares closed last Friday at $85.46.
According to TipRanks.com, Dray is a 5-star analyst with an average return of
Currently, the analyst consensus on Flowserve is a Moderate Buy with an average price target of $91.88, implying a 19.3% upside from current levels. In a report released today, Citi also maintained a Buy rating on the stock with a $98.00 price target.
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RXO, Inc. (RXO)
In a report released today, J. Bruce Chan from Stifel Nicolaus maintained a Hold rating on RXO, Inc., with a price target of $15.00. The company’s shares closed last Friday at $16.90.
According to TipRanks.com, Chan is a 4-star analyst with an average return of
Currently, the analyst consensus on RXO, Inc. is a Hold with an average price target of $15.58, representing a 1.5% upside. In a report issued on February 7, TipRanks – Google also upgraded the stock to Hold with a $17.00 price target.
