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Analysts Offer Insights on Industrial Goods Companies: Southwest Airlines (LUV) and GE Vernova Inc. (GEV)

Tipranks - Fri Jul 24, 7:34AM CDT

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Southwest Airlines (LUV) and GE Vernova Inc. (GEV).

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Southwest Airlines (LUV)

In a report released yesterday, David Vernon from Bernstein maintained a Hold rating on Southwest Airlines, with a price target of $45.00. The company’s shares closed last Wednesday at $47.66.

According to TipRanks.com, Vernon is a 5-star analyst with an average return of 12.4% and a 68.2% success rate. Vernon covers the Industrial Goods sector, focusing on stocks such as Canadian National Railway, United Airlines Holdings, and American Airlines. ;'>

Currently, the analyst consensus on Southwest Airlines is a Moderate Buy with an average price target of $51.98, a 9.1% upside from current levels. In a report issued on July 7, Susquehanna also maintained a Hold rating on the stock with a $55.00 price target.

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GE Vernova Inc. (GEV)

In a report released yesterday, Chris Dendrinos from RBC Capital maintained a Buy rating on GE Vernova Inc., with a price target of $1225.00. The company’s shares closed last Wednesday at $985.03.

According to TipRanks.com, Dendrinos is a 5-star analyst with an average return of 49.2% and a 50.0% success rate. Dendrinos covers the Technology sector, focusing on stocks such as Shoals Technologies Group, SolarEdge Technologies, and Array Technologies. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for GE Vernova Inc. with a $1257.41 average price target, a 23.2% upside from current levels. In a report released today, Oppenheimer also assigned a Buy rating to the stock with a $1338.00 price target.

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