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Analysts Conflicted on These Industrial Goods Names: Textron (TXT), Plug Power (PLUG) and Kornit Digital (KRNT)

Tipranks - Tue Apr 14, 8:42AM CDT

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Textron (TXT), Plug Power (PLUG) and Kornit Digital (KRNT).

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Textron (TXT)

In a report released today, Douglas Harned from Bernstein maintained a Hold rating on Textron. The company’s shares closed last Monday at $91.14.

According to TipRanks.com, Harned is a 4-star analyst with an average return of 12.1% and a 54.8% success rate. Harned covers the Industrial Goods sector, focusing on stocks such as L3Harris Technologies, Huntington Ingalls, and StandardAero, Inc. ;'>

Textron has an analyst consensus of Hold, with a price target consensus of $97.44, a 6.6% upside from current levels. In a report issued on April 2, Citi also assigned a Hold rating to the stock with a $99.00 price target.

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Plug Power (PLUG)

Craig-Hallum analyst Eric Stine maintained a Buy rating on Plug Power today. The company’s shares closed last Monday at $2.73.

According to TipRanks.com, Stine is a 5-star analyst with an average return of 11.4% and a 39.9% success rate. Stine covers the Industrial Goods sector, focusing on stocks such as Amprius Technologies Inc, American Superconductor, and PureCycle Technologies. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Plug Power with a $2.71 average price target.

Kornit Digital (KRNT)

Craig-Hallum analyst Greg Palm maintained a Buy rating on Kornit Digital today. The company’s shares closed last Friday at $15.88, close to its 52-week low of $13.59.

According to TipRanks.com, Palm is a 5-star analyst with an average return of 12.3% and a 49.4% success rate. Palm covers the Technology sector, focusing on stocks such as Digital Turbine, Bel Fuse Inc, and 3D Systems. ;'>

Currently, the analyst consensus on Kornit Digital is a Moderate Buy with an average price target of $18.33.

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