Analysts Offer Insights on Industrial Goods Companies: Plug Power (PLUG) and Old Dominion Freight (ODFL)
Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Plug Power (PLUG – Research Report) and Old Dominion Freight (ODFL – Research Report).
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Plug Power (PLUG)
Canaccord Genuity analyst George Gianarikas maintained a Hold rating on Plug Power today and set a price target of $2.50. The company’s shares closed last Tuesday at $2.23.
According to TipRanks.com, Gianarikas is a 4-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Plug Power with a $2.67 average price target, implying a 28.4% upside from current levels. In a report released yesterday, TipRanks – PerPlexity also upgraded the stock to Hold with a $2.00 price target.
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Old Dominion Freight (ODFL)
In a report released today, Reed Seay from Stephens maintained a Buy rating on Old Dominion Freight, with a price target of $232.00. The company’s shares closed last Tuesday at $207.94.
According to TipRanks.com, Seay is a 4-star analyst with an average return of
Old Dominion Freight has an analyst consensus of Hold, with a price target consensus of $201.16, which is a -1.5% downside from current levels. In a report issued on February 25, TipRanks – Anthropic also upgraded the stock to Buy with a $216.00 price target.
