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Analysts Offer Insights on Industrial Goods Companies: Forrester Research (FORR) and Safe Pro Group, Inc. (SPAI)

Tipranks - Sat May 16, 10:52AM CDT

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Forrester Research (FORR) and Safe Pro Group, Inc. (SPAI).

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Forrester Research (FORR)

In a report released today, Vincent Colicchio from Barrington maintained a Hold rating on Forrester Research. The company’s shares closed last Friday at $6.42.

According to TipRanks.com, Colicchio is a 4-star analyst with an average return of 8.2% and a 51.9% success rate. Colicchio covers the Technology sector, focusing on stocks such as Information Services Group, Climb Global Solutions, and TD SYNNEX Corporation. ;'>

The the analyst consensus on Forrester Research is currently a Hold rating.

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Safe Pro Group, Inc. (SPAI)

In a report released today, Max Michaelis from Lake Street maintained a Buy rating on Safe Pro Group, Inc., with a price target of $9.00. The company’s shares closed last Friday at $4.64.

According to TipRanks.com, Michaelis is a 5-star analyst with an average return of 70.0% and a 68.6% success rate. Michaelis covers the Technology sector, focusing on stocks such as Benchmark Electronics, Quantum Computing, and Aehr Test Systems. ;'>

Currently, the analyst consensus on Safe Pro Group, Inc. is a Moderate Buy with an average price target of $11.00, a 129.6% upside from current levels. In a report issued on May 4, Northland Securities also maintained a Buy rating on the stock with a $13.00 price target.

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