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Analysts Offer Insights on Industrial Goods Companies: Norfolk Southern (NSC), Veralto Corporation (VLTO) and GFL Environmental (GFL)

Tipranks - Thu Apr 30, 7:24AM CDT

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Norfolk Southern (NSC), Veralto Corporation (VLTO) and GFL Environmental (GFL).

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Norfolk Southern (NSC)

J.P. Morgan analyst Brian Ossenbeck maintained a Hold rating on Norfolk Southern yesterday and set a price target of $331.00. The company’s shares closed last Tuesday at $316.71.

According to TipRanks.com, Ossenbeck is a 4-star analyst with an average return of 8.8% and a 52.9% success rate. Ossenbeck covers the Industrial Goods sector, focusing on stocks such as Canadian National Railway, Expeditors International, and Knight Transportation. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Norfolk Southern with a $335.73 average price target, a 4.6% 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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Veralto Corporation (VLTO)

Stifel Nicolaus analyst Nathan Jones maintained a Buy rating on Veralto Corporation today and set a price target of $110.00. The company’s shares closed last Tuesday at $85.60.

According to TipRanks.com, Jones is a top 100 analyst with an average return of 20.7% and a 70.8% success rate. Jones covers the Industrial Goods sector, focusing on stocks such as Lincoln Electric Holdings, Watts Water Technologies, and A. O. Smith Corporation. ;'>

Veralto Corporation has an analyst consensus of Moderate Buy, with a price target consensus of $106.11.

GFL Environmental (GFL)

ATB Cormark Capital Markets analyst Chris Murray maintained a Buy rating on GFL Environmental today and set a price target of C$90.00. The company’s shares closed last Tuesday at $40.15.

According to TipRanks.com, Murray is a 4-star analyst with an average return of 7.3% and a 57.6% success rate. Murray covers the Industrial Goods sector, focusing on stocks such as Canadian Pacific Kansas City, Waste Connections, and Air Canada. ;'>

Currently, the analyst consensus on GFL Environmental is a Moderate Buy with an average price target of $53.83, representing a 35.0% upside. In a report issued on April 16, TipRanks – xAI also upgraded the stock to Buy with a C$59.00 price target.

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