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Analysts Offer Insights on Industrial Goods Companies: Ingersoll Rand (IR) and Howmet Aerospace (HWM)

Tipranks - Tue Feb 17, 11:30AM CST

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Ingersoll Rand (IRResearch Report) and Howmet Aerospace (HWMResearch Report) with bullish sentiments.

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Ingersoll Rand (IR)

Citi analyst Andrew Kaplowitz maintained a Buy rating on Ingersoll Rand today and set a price target of $117.00. The company’s shares closed last Friday at $98.52.

According to TipRanks.com, Kaplowitz is a top 25 analyst with an average return of 26.1% and a 75.6% success rate. Kaplowitz covers the Industrial Goods sector, focusing on stocks such as Mayville Engineering Company, Atkore International Group, and Emerson Electric Company. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ingersoll Rand with a $93.80 average price target, a -2.8% downside from current levels. In a report issued on February 14, TipRanks – OpenAI also upgraded the stock to Buy with a $104.00 price target.

See the top stocks recommended by analysts >>

Howmet Aerospace (HWM)

In a report released today, John Godyn from Citi maintained a Buy rating on Howmet Aerospace, with a price target of $283.00. The company’s shares closed last Friday at $250.21.

According to TipRanks.com, Godyn is a 3-star analyst with an average return of 3.5% and a 61.2% success rate. Godyn covers the Industrial Goods sector, focusing on stocks such as Sun Country Airlines Holdings, United Airlines Holdings, and Allegiant Travel Company. ;'>

Howmet Aerospace has an analyst consensus of Strong Buy, with a price target consensus of $267.17, implying a 7.4% upside from current levels. In a report issued on February 12, RBC Capital also maintained a Buy rating on the stock with a $275.00 price target.

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