Analysts Offer Insights on Industrial Goods Companies: Knight Transportation (KNX), TriNet Group (TNET) and Trex Company (TREX)
There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on Knight Transportation (KNX), TriNet Group (TNET) and Trex Company (TREX) with bullish sentiments.
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Knight Transportation (KNX)
TD Cowen analyst Jason Seidl reiterated a Buy rating on Knight Transportation on June 1 and set a price target of $75.63. The company’s shares closed last Friday at $79.02.
According to TipRanks.com, Seidl is a top 100 analyst with an average return of
Currently, the analyst consensus on Knight Transportation is a Strong Buy with an average price target of $76.04, representing a -1.7% downside. In a report issued on June 2, Susquehanna also upgraded the stock to Buy with a $90.00 price target.
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TriNet Group (TNET)
In a report released today, David Grossman from Stifel Nicolaus maintained a Buy rating on TriNet Group, with a price target of $70.00. The company’s shares closed last Friday at $46.84.
According to TipRanks.com, Grossman is a 3-star analyst with an average return of
TriNet Group has an analyst consensus of Hold, with a price target consensus of $51.80.
Trex Company (TREX)
In a report released today, Kurt Yinger from D.A. Davidson maintained a Buy rating on Trex Company. The company’s shares closed last Friday at $39.78.
According to TipRanks.com, Yinger is a 4-star analyst with an average return of
Trex Company has an analyst consensus of Hold, with a price target consensus of $46.63, a 17.6% upside from current levels. In a report issued on June 2, Truist Financial also maintained a Buy rating on the stock.
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- Knight-Swift upgraded to Positive from Neutral at Susquehanna
