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Analysts Offer Insights on Industrial Goods Companies: Deere (DE), Jacobs Solutions (J) and Pentair (PNR)

Tipranks - Thu Feb 5, 3:30AM CST

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Deere (DEResearch Report), Jacobs Solutions (JResearch Report) and Pentair (PNRResearch Report).

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Deere (DE)

In a report released today, Adam Seiden from Barclays maintained a Buy rating on Deere, with a price target of $530.00. The company’s shares closed last Tuesday at $545.00.

According to TipRanks.com, Seiden is a 5-star analyst with an average return of 11.9% and a 63.9% success rate. Seiden covers the Industrial Goods sector, focusing on stocks such as Lincoln Electric Holdings, Legence Corp. Class A, and Manitowoc Company. ;'>

Currently, the analyst consensus on Deere is a Moderate Buy with an average price target of $514.25, a -3.6% downside from current levels. In a report issued on January 23, Wells Fargo also maintained a Buy rating on the stock with a $543.00 price target.

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Jacobs Solutions (J)

KeyBanc analyst Sangita Jain maintained a Buy rating on Jacobs Solutions today. The company’s shares closed last Tuesday at $132.91.

According to TipRanks.com, Jain is a 4-star analyst with an average return of 15.2% and a 60.8% success rate. Jain covers the Industrial Goods sector, focusing on stocks such as Ballard Power Systems, Primoris Services, and Aecom Technology. ;'>

Currently, the analyst consensus on Jacobs Solutions is a Moderate Buy with an average price target of $154.71, representing a 13.2% upside. In a report released today, TipRanks – Google also upgraded the stock to Buy with a $153.00 price target.

Pentair (PNR)

In a report released today, Jeffrey Hammond from KeyBanc maintained a Hold rating on Pentair. The company’s shares closed last Tuesday at $94.79.

According to TipRanks.com, Hammond is a 5-star analyst with an average return of 11.9% and a 62.1% success rate. Hammond covers the Industrial Goods sector, focusing on stocks such as Atkore International Group, Janus International Group, and Advanced Drainage Systems. ;'>

Currently, the analyst consensus on Pentair is a Moderate Buy with an average price target of $119.78, implying a 16.6% upside from current levels. In a report released yesterday, TipRanks – Anthropic also downgraded the stock to Hold with a $115.00 price target.

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