Analysts Are Bullish on Top Industrial Goods Stocks: GXO Logistics (GXO), GE Aerospace (GE)
There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on GXO Logistics (GXO), GE Aerospace (GE) and Primoris Services (PRIM) with bullish sentiments.
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GXO Logistics (GXO)
Citi analyst Ariel Rosa maintained a Buy rating on GXO Logistics today and set a price target of $68.00. The company’s shares closed last Monday at $53.02.
According to TipRanks.com, Rosa is a 5-star analyst with an average return of
Currently, the analyst consensus on GXO Logistics is a Strong Buy with an average price target of $70.15.
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GE Aerospace (GE)
In a report released today, Sheila Kahyaoglu from Jefferies maintained a Buy rating on GE Aerospace, with a price target of $375.00. The company’s shares closed last Monday at $288.69.
According to TipRanks.com, Kahyaoglu is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for GE Aerospace with a $361.64 average price target, which is a 28.9% upside from current levels. In a report issued on March 31, Wells Fargo also initiated coverage with a Buy rating on the stock with a $325.00 price target.
Primoris Services (PRIM)
In a report released today, Julien Dumoulin Smith from Jefferies reiterated a Buy rating on Primoris Services, with a price target of $195.00. The company’s shares closed last Monday at $146.68.
According to TipRanks.com, Smith is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Primoris Services with a $175.50 average price target, which is a 19.2% upside from current levels. In a report issued on March 31, Needham also maintained a Buy rating on the stock with a $205.00 price target.
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