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Analysts Offer Insights on Industrial Goods Companies: ManpowerGroup (MAN) and Arlo Technologies (ARLO)

Tipranks - Tipranks - Sat Apr 18, 6:32AM CDT

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on ManpowerGroup (MAN) and Arlo Technologies (ARLO).

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ManpowerGroup (MAN)

In a report released today, Tobey Sommer from Truist Financial maintained a Hold rating on ManpowerGroup, with a price target of $34.00. The company’s shares closed last Thursday at $31.00.

According to TipRanks.com, Sommer is a 4-star analyst with an average return of 4.8% and a 55.3% success rate. Sommer covers the Industrial Goods sector, focusing on stocks such as Andersen Group, Inc. Class A, Amentum Holdings, Inc., and GFL Environmental. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for ManpowerGroup with a $37.22 average price target, implying a 23.9% upside from current levels. In a report issued on April 6, Goldman Sachs also maintained a Hold rating on the stock with a $30.00 price target.

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Arlo Technologies (ARLO)

Roth MKM analyst Scott Searle maintained a Buy rating on Arlo Technologies today and set a price target of $22.00. The company’s shares closed last Thursday at $14.82.

According to TipRanks.com, Searle is a 5-star analyst with an average return of 17.2% and a 51.5% success rate. Searle covers the Technology sector, focusing on stocks such as Sequans Communications S A, Smith Micro Software, and Digi International. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Arlo Technologies with a $23.00 average price target, implying a 58.0% upside from current levels. In a report issued on April 8, Craig-Hallum also maintained a Buy rating on the stock.

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