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Analysts’ Top Industrial Goods Picks: RTX (RTX), Kornit Digital (KRNT)

Tipranks - Thu Apr 23, 8:42AM CDT

There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on RTX (RTX), Kornit Digital (KRNT) and Shimmick Corporation (SHIM) with bullish sentiments.

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RTX (RTX)

In a report released today, Charles Minervino from Susquehanna maintained a Buy rating on RTX, with a price target of $235.00. The company’s shares closed last Wednesday at $186.37.

According to TipRanks.com, Minervino is a 5-star analyst with an average return of 16.2% and a 61.5% success rate. Minervino covers the NA sector, focusing on stocks such as Oil States International, Occidental Petroleum, and Baker Hughes Company. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for RTX with a $223.15 average price target, which is a 19.2% upside from current levels. In a report issued on April 7, Bank of America Securities also maintained a Buy rating on the stock.

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Kornit Digital (KRNT)

Craig-Hallum analyst Greg Palm maintained a Buy rating on Kornit Digital today. The company’s shares closed last Wednesday at $15.99, close to its 52-week low of $13.59.

According to TipRanks.com, Palm is a 5-star analyst with an average return of 16.1% and a 53.8% success rate. Palm covers the Technology sector, focusing on stocks such as Digital Turbine, Bel Fuse Inc, and 3D Systems. ;'>

Kornit Digital has an analyst consensus of Moderate Buy, with a price target consensus of $18.33.

Shimmick Corporation (SHIM)

In a report released today, Aaron Spychalla from Craig-Hallum maintained a Buy rating on Shimmick Corporation. The company’s shares closed last Wednesday at $5.60, close to its 52-week high of $6.41.

According to TipRanks.com, Spychalla is a 5-star analyst with an average return of 21.4% and a 59.3% success rate. Spychalla covers the Industrial Goods sector, focusing on stocks such as Babcock & Wilcox Company, Bowman Consulting Group, and Thermon Group Holdings. ;'>

Shimmick Corporation has an analyst consensus of Moderate Buy, with a price target consensus of $5.00.

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