Wall Street Analysts Are Bullish on Top Industrial Goods Picks
There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Knight Transportation (KNX) and Alaska Air (ALK) with bullish sentiments.
Claim 55% Off TipRanks
- Unlock trusted, data-backed investing tools with TipRanks Premium, from analyst ratings and forecasts to breaking news and portfolio analysis.
- Discover high-conviction stock picks and new investing opportunities with the TipRanks Smart Investor Newsletter
Knight Transportation (KNX)
Wells Fargo analyst Christian Wetherbee assigned a Buy rating to Knight Transportation today and set a price target of $86.00. The company’s shares closed last Friday at $77.85.
According to TipRanks.com, Wetherbee is a 5-star analyst with an average return of
Currently, the analyst consensus on Knight Transportation is a Strong Buy with an average price target of $76.37, which is a -2.8% downside from current levels. In a report issued on June 2, Susquehanna also upgraded the stock to Buy with a $90.00 price target.
See today’s best-performing stocks on TipRanks >>
Alaska Air (ALK)
The company’s shares closed last Friday at $42.49.
According to TipRanks.com, CFA is a 4-star analyst with an average return of
Currently, the analyst consensus on Alaska Air is a Strong Buy with an average price target of $53.56, representing a 25.5% upside. In a report issued on May 26, UBS also maintained a Buy rating on the stock with a $56.00 price target.
Read More on KNX:
Disclaimer & DisclosureReport an Issue
- Knight-Swift price target raised to $86 from $65 at Wells Fargo
- Knight-Swift Outlines Founder Retirement and Consulting Transition
- Knight-Swift executive chairman Kevin Knight to retire
- Meta Platforms upgraded, Okta downgraded: Wall Street’s top analyst calls
- Knight-Swift upgraded to Positive from Neutral at Susquehanna
