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Wall Street Analysts Are Neutral on Top Industrial Goods Picks

Tipranks - Tipranks - Fri May 8, 7:24AM CDT

Analysts fell to the sidelines weighing in on Norfolk Southern (NSC), TIC Solutions (TIC) and Axon Enterprise (AXON) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

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Norfolk Southern (NSC)

In a report released today, Thomas Wadewitz from UBS maintained a Hold rating on Norfolk Southern, with a price target of $327.00. The company’s shares closed last Wednesday at $317.25.

According to TipRanks.com, Wadewitz is a 4-star analyst with an average return of 7.7% and a 52.7% success rate. Wadewitz covers the Industrial Goods sector, focusing on stocks such as Knight Transportation, Old Dominion Freight, and Werner Enterprises. ;'>

Norfolk Southern has an analyst consensus of Hold, with a price target consensus of $334.36, representing a 6.1% upside. 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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TIC Solutions (TIC)

In a report released today, Joshua Chan from UBS maintained a Hold rating on TIC Solutions, with a price target of $11.00. The company’s shares closed last Wednesday at $10.31.

According to TipRanks.com, Chan is a 4-star analyst with an average return of 17.6% and a 56.3% success rate. Chan covers the Industrial Goods sector, focusing on stocks such as WillScot Mobile Mini Holdings, UL Solutions Inc. Class A, and ARAMARK Holdings. ;'>

Currently, the analyst consensus on TIC Solutions is a Hold with an average price target of $10.25, a 1.0% upside from current levels. In a report released today, Robert W. Baird also maintained a Hold rating on the stock with a $11.00 price target.

Axon Enterprise (AXON)

In a report released today, Andrew Spinola from UBS maintained a Hold rating on Axon Enterprise, with a price target of $440.00. The company’s shares closed last Wednesday at $385.86.

According to TipRanks.com, Spinola is ranked #4418 out of 12228 analysts.

Currently, the analyst consensus on Axon Enterprise is a Strong Buy with an average price target of $686.07.

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