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Analysts Conflicted on These Industrial Goods Names: MSC Industrial (MSM) and Amentum Holdings, Inc. (AMTM)

Tipranks - Fri Apr 3, 7:30AM CDT

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on MSC Industrial (MSM) and Amentum Holdings, Inc. (AMTM).

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MSC Industrial (MSM)

KeyBanc analyst Kenneth Newman maintained a Hold rating on MSC Industrial today. The company’s shares closed last Wednesday at $91.55.

According to TipRanks.com, Newman is a 4-star analyst with an average return of 11.5% and a 59.5% success rate. Newman covers the Industrial Goods sector, focusing on stocks such as Applied Industrial Technologies, Distribution Solutions Group, and Emerson Electric Company. ;'>

Currently, the analyst consensus on MSC Industrial is a Hold with an average price target of $92.20, which is a 4.1% upside from current levels. In a report issued on March 20, TipRanks – Google also downgraded the stock to Hold with a $91.00 price target.

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Amentum Holdings, Inc. (AMTM)

In a report released today, Tobey Sommer from Truist Financial maintained a Buy rating on Amentum Holdings, Inc.. The company’s shares closed last Wednesday at $26.34.

According to TipRanks.com, Sommer is a 4-star analyst with an average return of 4.7% and a 54.1% success rate. Sommer covers the Industrial Goods sector, focusing on stocks such as Andersen Group, Inc. Class A, Icf International, and GFL Environmental. ;'>

Amentum Holdings, Inc. has an analyst consensus of Moderate Buy, with a price target consensus of $36.71, a 38.2% upside from current levels. In a report issued on March 18, TipRanks – PerPlexity also reiterated a Buy rating on the stock with a $30.00 price target.

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