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Analysts Offer Insights on Industrial Goods Companies: WW Grainger (GWW) and Amprius Technologies Inc (AMPX)

Tipranks - Tipranks - Wed Feb 4, 1:06PM CST

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on WW Grainger (GWW – Research Report) and Amprius Technologies Inc (AMPX – Research Report) with bullish sentiments.

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WW Grainger (GWW)

William Blair analyst Ryan Merkel maintained a Buy rating on WW Grainger today. The company’s shares closed last Tuesday at $1154.50.

According to TipRanks.com, Merkel is a 4-star analyst with an average return of 6.1% and a 55.0% success rate. Merkel covers the Industrial Goods sector, focusing on stocks such as Proficient Auto Logistics, Inc., Lennox International, and Carlisle Companies. ;'>

Currently, the analyst consensus on WW Grainger is a Hold with an average price target of $1076.57, implying a -1.0% downside from current levels. In a report issued on January 27, Oppenheimer also upgraded the stock to Buy with a $1250.00 price target.

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Amprius Technologies Inc (AMPX)

William Blair analyst Jed Dorsheimer reiterated a Buy rating on Amprius Technologies Inc today. The company’s shares closed last Tuesday at $13.68.

According to TipRanks.com, Dorsheimer is a 5-star analyst with an average return of 28.4% and a 52.2% success rate. Dorsheimer covers the Technology sector, focusing on stocks such as SolarEdge Technologies, Axcelis Technologies, and STMicroelectronics. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Amprius Technologies Inc with a $17.57 average price target, representing a 26.4% upside. In a report issued on January 29, Needham also initiated coverage with a Buy rating on the stock with a $20.00 price target.

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