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Analysts Offer Insights on Industrial Goods Companies: RTX (RTX), Dover (DOV) and Norfolk Southern (NSC)

Tipranks - Tue Apr 28, 6:36AM CDT

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on RTX (RTX), Dover (DOV) and Norfolk Southern (NSC).

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RTX (RTX)

In a report released yesterday, Noah Poponak from Goldman Sachs maintained a Hold rating on RTX, with a price target of $195.00. The company’s shares closed last Friday at $174.26.

According to TipRanks.com, Poponak is a 4-star analyst with an average return of 7.0% and a 51.6% success rate. Poponak covers the Industrial Goods sector, focusing on stocks such as BETA Technologies, Inc. Class A, York Space Systems, Inc., and Firefly Aerospace, Inc. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for RTX with a $221.14 average price target, which is a 24.4% upside from current levels. In a report issued on April 21, TipRanks – xAI also downgraded the stock to Hold with a $207.00 price target.

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Dover (DOV)

Goldman Sachs analyst Joe Ritchie maintained a Buy rating on Dover yesterday and set a price target of $263.00. The company’s shares closed last Friday at $224.78.

According to TipRanks.com, Ritchie is a 5-star analyst with an average return of 15.7% and a 62.6% success rate. Ritchie covers the Industrial Goods sector, focusing on stocks such as EquipmentShare.com, Inc., Honeywell International, and Stanley Black & Decker. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Dover with a $252.20 average price target, a 10.2% upside from current levels. In a report issued on April 23, TipRanks – xAI also upgraded the stock to Buy with a $241.00 price target.

Norfolk Southern (NSC)

In a report issued on April 24, Fadi Chamoun from BMO Capital maintained a Hold rating on Norfolk Southern, with a price target of $310.00. The company’s shares closed last Friday at $319.71.

According to TipRanks.com, Chamoun is a 5-star analyst with an average return of 17.0% and a 66.3% success rate. Chamoun covers the Industrial Goods sector, focusing on stocks such as Canadian Pacific Kansas City, Old Dominion Freight, and TFI International. ;'>

Currently, the analyst consensus on Norfolk Southern is a Hold with an average price target of $328.09, which is a 1.5% upside from current levels. In a report issued on April 24, Citi also maintained a Hold rating on the stock with a $335.00 price target.

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