This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Wall Street Analysts Are Bullish on Top Industrial Goods Picks

Tipranks - Tipranks - Fri Jun 19, 1:50AM CDT

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Southwest Airlines (LUV) and NeoVolta (NEOV) with bullish sentiments.

Claim 55% Off TipRanks

Southwest Airlines (LUV)

In a report released yesterday, Jamie Baker from J.P. Morgan maintained a Buy rating on Southwest Airlines, with a price target of $60.00. The company’s shares closed last Wednesday at $46.66.

According to TipRanks.com, Baker is a 4-star analyst with an average return of 3.6% and a 53.4% success rate. Baker covers the Industrial Goods sector, focusing on stocks such as United Airlines Holdings, Delta Air Lines, and Aercap Holdings. ;'>

Southwest Airlines has an analyst consensus of Moderate Buy, with a price target consensus of $46.78, a -1.3% downside from current levels. In a report issued on June 12, TipRanks – PerPlexity also upgraded the stock to Buy with a $49.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

NeoVolta (NEOV)

In a report released yesterday, Sean Milligan from Needham initiated coverage with a Buy rating on NeoVolta and a price target of $8.00. The company’s shares closed last Wednesday at $2.12.

According to TipRanks.com, Milligan is a 3-star analyst with an average return of 4.3% and a 53.4% success rate. Milligan covers the Technology sector, focusing on stocks such as Shoals Technologies Group, Nextpower Inc, and Itron. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for NeoVolta.

Read More on LUV:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.

All market data (will open in new tab) is provided by Barchart Solutions. Copyright © 2026.

Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. For exchange delays and terms of use, please read disclaimer (will open in new tab).