Analysts Offer Insights on Industrial Goods Companies: QXO Inc (QXO) and Honeywell International (HON)
There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on QXO Inc (QXO) and Honeywell International (HON) with bullish sentiments.
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QXO Inc (QXO)
KeyBanc analyst Jeffrey Hammond maintained a Buy rating on QXO Inc today and set a price target of $32.00. The company’s shares closed last Monday at $23.77, close to its 52-week low of $10.61.
According to TipRanks.com, Hammond is a 5-star analyst with an average return of
Currently, the analyst consensus on QXO Inc is a Strong Buy with an average price target of $33.25, a 37.6% upside from current levels. In a report released today, TipRanks – PerPlexity also upgraded the stock to Buy with a $28.00 price target.
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Honeywell International (HON)
Citi analyst Andrew Kaplowitz maintained a Buy rating on Honeywell International today and set a price target of $265.00. The company’s shares closed last Monday at $230.28.
According to TipRanks.com, Kaplowitz is a top 100 analyst with an average return of
Honeywell International has an analyst consensus of Moderate Buy, with a price target consensus of $257.36, a 10.3% upside from current levels. In a report issued on April 7, RBC Capital also maintained a Buy rating on the stock with a $268.00 price target.
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