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Analysts Have Conflicting Sentiments on These Industrial Goods Companies: JetBlue Airways (JBLU) and Red Cat Holdings (RCAT)

Tipranks - Sat May 9, 6:04AM CDT

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on JetBlue Airways (JBLU) and Red Cat Holdings (RCAT).

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JetBlue Airways (JBLU)

In a report released today, Thomas Fitzgerald CFA from TD Cowen maintained a Hold rating on JetBlue Airways, with a price target of $5.00. The company’s shares closed last Thursday at $5.13, close to its 52-week low of $4.50.

According to TipRanks.com, CFA is a 4-star analyst with an average return of 12.8% and a 64.7% success rate. CFA covers the Industrial Goods sector, focusing on stocks such as Sun Country Airlines Holdings, United Airlines Holdings, and Southwest Airlines. ;'>

Currently, the analyst consensus on JetBlue Airways is a Hold with an average price target of $5.13, representing a 0.0% upside. In a report issued on April 24, TipRanks – Anthropic also upgraded the stock to Hold with a $5.00 price target.

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Red Cat Holdings (RCAT)

Needham analyst Austin Bohlig reiterated a Buy rating on Red Cat Holdings today and set a price target of $20.00. The company’s shares closed last Thursday at $10.36.

According to TipRanks.com, Bohlig is a 2-star analyst with an average return of 0.5% and a 34.5% success rate. Bohlig covers the Industrial Goods sector, focusing on stocks such as Amprius Technologies Inc, Karman Holdings Inc., and AeroVironment. ;'>

Currently, the analyst consensus on Red Cat Holdings is a Strong Buy with an average price target of $21.00, a 100.6% upside from current levels. In a report issued on April 29, Clear Street also initiated coverage with a Buy rating on the stock with a $22.00 price target.

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