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Analysts Offer Insights on Industrial Goods Companies: RTX (RTX) and Paccar (PCAR)

Tipranks - Wed Feb 18, 6:26AM CST

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on RTX (RTXResearch Report) and Paccar (PCARResearch Report).

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RTX (RTX)

In a report released today, Douglas Harned from Bernstein maintained a Hold rating on RTX, with a price target of $204.00. The company’s shares closed last Friday at $200.06.

According to TipRanks.com, Harned is a 5-star analyst with an average return of 14.6% and a 61.7% success rate. Harned covers the Industrial Goods sector, focusing on stocks such as L3Harris Technologies, Rolls-Royce Holdings, and StandardAero, Inc. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for RTX with a $217.92 average price target.

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Paccar (PCAR)

Bernstein analyst Chad Dillard maintained a Buy rating on Paccar today and set a price target of $138.00. The company’s shares closed last Friday at $127.00.

According to TipRanks.com, Dillard is a 4-star analyst with an average return of 10.9% and a 70.1% success rate. Dillard covers the Industrial Goods sector, focusing on stocks such as Jacobs Solutions, Quanta Services, and United Rentals. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Paccar with a $127.19 average price target, a 1.9% upside from current levels. In a report issued on February 4, Bank of America Securities also maintained a Buy rating on the stock with a $131.50 price target.

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