Analysts Offer Insights on Industrial Goods Companies: Shimmick Corporation (SHIM), Caterpillar (CAT) and Howmet Aerospace (HWM)
There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on Shimmick Corporation (SHIM – Research Report), Caterpillar (CAT – Research Report) and Howmet Aerospace (HWM – Research Report) with bullish sentiments.
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Shimmick Corporation (SHIM)
In a report released today, Aaron Spychalla from Craig-Hallum maintained a Buy rating on Shimmick Corporation. The company’s shares closed last Wednesday at $3.00.
According to TipRanks.com, Spychalla is a 5-star analyst with an average return of
Currently, the analyst consensus on Shimmick Corporation is a Moderate Buy with an average price target of $5.00, which is a 69.5% upside from current levels. In a report issued on March 15, Roth MKM also upgraded the stock to Buy with a $5.00 price target.
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Caterpillar (CAT)
In a report released today, Michael Feniger from Bank of America Securities maintained a Buy rating on Caterpillar. The company’s shares closed last Wednesday at $708.00.
According to TipRanks.com, Feniger is a 4-star analyst with an average return of
Caterpillar has an analyst consensus of Moderate Buy, with a price target consensus of $733.38, which is a 3.7% upside from current levels. In a report issued on March 4, J.P. Morgan also maintained a Buy rating on the stock with a $860.00 price target.
Howmet Aerospace (HWM)
In a report released today, Ronald Epstein from Bank of America Securities maintained a Buy rating on Howmet Aerospace. The company’s shares closed last Wednesday at $243.35.
According to TipRanks.com, Epstein is a 5-star analyst with an average return of
Howmet Aerospace has an analyst consensus of Strong Buy, with a price target consensus of $281.00, which is a 16.0% upside from current levels. In a report issued on March 6, Jefferies also maintained a Buy rating on the stock with a $500.00 price target.
