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Analysts’ Top Industrial Goods Picks: Global Payments (GPN), Textron (TXT)

Tipranks - Fri Feb 20, 6:44AM CST

Analysts fell to the sidelines weighing in on Global Payments (GPNResearch Report) and Textron (TXTResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

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Global Payments (GPN)

J.P. Morgan analyst Tien Tsin Huang maintained a Hold rating on Global Payments yesterday and set a price target of $90.00. The company’s shares closed last Wednesday at $81.26.

According to TipRanks.com, Huang is a 4-star analyst with an average return of 3.8% and a 54.1% success rate. Huang covers the Technology sector, focusing on stocks such as Kyndryl Holdings Incorporation, Automatic Data Processing, and Fidelity National Info. ;'>

Global Payments has an analyst consensus of Hold, with a price target consensus of $95.71, which is a 20.3% upside from current levels. In a report issued on February 3, UBS also maintained a Hold rating on the stock with a $80.00 price target.

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Textron (TXT)

In a report released today, Douglas Harned from Bernstein maintained a Hold rating on Textron, with a price target of $108.00. The company’s shares closed last Wednesday at $100.25.

According to TipRanks.com, Harned is a 5-star analyst with an average return of 14.6% and a 61.7% success rate. Harned covers the Industrial Goods sector, focusing on stocks such as L3Harris Technologies, Rolls-Royce Holdings, and StandardAero, Inc. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Textron with a $99.56 average price target, a -0.7% downside from current levels. In a report issued on February 14, TipRanks – OpenAI also downgraded the stock to Hold with a $106.00 price target.

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