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Analysts Offer Insights on Industrial Goods Companies: Southwest Airlines (LUV) and Trane Technologies (TT)

Tipranks - Mon Feb 2, 2:56AM CST

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Southwest Airlines (LUVResearch Report) and Trane Technologies (TTResearch Report) with bullish sentiments.

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Southwest Airlines (LUV)

In a report issued on January 29, John Staszak from Argus Research maintained a Buy rating on Southwest Airlines, with a price target of $55.00. The company’s shares closed last Friday at $47.52.

According to TipRanks.com, Staszak is a 5-star analyst with an average return of 8.7% and a 58.4% success rate. Staszak covers the NA sector, focusing on stocks such as Restaurant Brands International, Marriott International, and Wolverine World Wide. ;'>

Currently, the analyst consensus on Southwest Airlines is a Moderate Buy with an average price target of $47.68, which is a -1.8% downside from current levels. In a report issued on January 29, BMO Capital also upgraded the stock to Buy with a $57.50 price target.

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Trane Technologies (TT)

Argus Research analyst John Eade maintained a Buy rating on Trane Technologies on January 29. The company’s shares closed last Friday at $420.58, close to its 52-week high of $422.00.

Eade has an average return of 19.4% when recommending Trane Technologies. ;'>

According to TipRanks.com, Eade is ranked #278 out of 12040 analysts.

Currently, the analyst consensus on Trane Technologies is a Moderate Buy with an average price target of $474.58, which is a 12.5% upside from current levels. In a report issued on January 20, Oppenheimer also upgraded the stock to Buy with a $460.00 price target.

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