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Wall Street Analysts Are Bullish on Top Industrial Goods Picks

Tipranks - Tipranks - Thu Aug 13, 1:12PM CDT

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Firefly Aerospace, Inc. (FLY) and Kornit Digital (KRNT) with bullish sentiments.

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Firefly Aerospace, Inc. (FLY)

Jefferies analyst Sheila Kahyaoglu assigned a Buy rating to Firefly Aerospace, Inc. today and set a price target of $35.00. The company’s shares closed last Wednesday at $26.43.

According to TipRanks.com, Kahyaoglu is a 5-star analyst with an average return of 16.0% and a 66.9% success rate. Kahyaoglu covers the Industrial Goods sector, focusing on stocks such as United Airlines Holdings, Honeywell International, and BlackSky Technology. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Firefly Aerospace, Inc. with a $39.86 average price target, which is a 49.2% upside from current levels. In a report released today, KeyBanc also maintained a Buy rating on the stock with a $50.00 price target.

See the top stocks recommended by analysts >>

Kornit Digital (KRNT)

In a report released today, James Ricchiuti from Needham reiterated a Buy rating on Kornit Digital, with a price target of $23.00. The company’s shares closed last Wednesday at $17.45.

According to TipRanks.com, Ricchiuti is a 5-star analyst with an average return of 30.3% and a 61.1% success rate. Ricchiuti covers the Technology sector, focusing on stocks such as Teledyne Technologies, Benchmark Electronics, and Universal Display. ;'>

Kornit Digital has an analyst consensus of Strong Buy, with a price target consensus of $22.83.

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