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Analysts’ Opinions Are Mixed on These Industrial Goods Stocks: CSX (CSX) and Kennametal (KMT)

Tipranks - Thu Mar 5, 6:14AM CST

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on CSX (CSXResearch Report) and Kennametal (KMTResearch Report).

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CSX (CSX)

Bank of America Securities analyst Ken Hoexter reiterated a Buy rating on CSX today and set a price target of $48.00. The company’s shares closed last Tuesday at $42.66.

According to TipRanks.com, Hoexter is a 3-star analyst with an average return of 2.3% and a 50.1% success rate. Hoexter covers the Industrial Goods sector, focusing on stocks such as Westinghouse Air Brake Technologies, Canadian Pacific Kansas City, and Canadian National Railway. ;'>

CSX has an analyst consensus of Moderate Buy, with a price target consensus of $40.50, a -5.5% downside from current levels. In a report issued on February 17, TipRanks – DeepSeek also upgraded the stock to Buy with a $45.00 price target.

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Kennametal (KMT)

In a report released today, Tami Zakaria from J.P. Morgan maintained a Sell rating on Kennametal, with a price target of $37.00. The company’s shares closed last Tuesday at $40.57.

According to TipRanks.com, Zakaria is a 5-star analyst with an average return of 14.1% and a 67.4% success rate. Zakaria covers the Industrial Goods sector, focusing on stocks such as Westinghouse Air Brake Technologies, Montrose Environmental Group, and Custom Truck One Source. ;'>

Currently, the analyst consensus on Kennametal is a Hold with an average price target of $36.07.

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