Analysts Offer Insights on Industrial Goods Companies: Northrop Grumman (NOC) and ITT (ITT)
There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Northrop Grumman (NOC) and ITT (ITT) with bullish sentiments.
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Northrop Grumman (NOC)
In a report released today, Ronald Epstein from Bank of America Securities maintained a Buy rating on Northrop Grumman. The company’s shares closed last Tuesday at $679.02.
According to TipRanks.com, Epstein is a 5-star analyst with an average return of
Currently, the analyst consensus on Northrop Grumman is a Moderate Buy with an average price target of $760.21, a 12.0% upside from current levels. In a report issued on March 31, Wells Fargo also initiated coverage with a Buy rating on the stock with a $800.00 price target.
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ITT (ITT)
In a report released today, Andrew Obin from Bank of America Securities maintained a Buy rating on ITT. The company’s shares closed last Tuesday at $222.60.
According to TipRanks.com, Obin is a top 100 analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for ITT with a $235.11 average price target, implying a 6.5% upside from current levels. In a report issued on March 31, Goldman Sachs also initiated coverage with a Buy rating on the stock with a $270.00 price target.
Read More on NOC:
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- Northrop Grumman price target raised to $807 from $781 at Citi
