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Analysts’ Top Industrial Goods Picks: QXO Inc (QXO), Huron Consulting (HURN)

Tipranks - Tue Jan 6, 10:56AM CST

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on QXO Inc (QXOResearch Report) and Huron Consulting (HURNResearch Report) with bullish sentiments.

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QXO Inc (QXO)

In a report released today, Ryan Merkel from William Blair maintained a Buy rating on QXO Inc. The company’s shares closed last Monday at $23.46, close to its 52-week low of $10.61.

According to TipRanks.com, Merkel is a 3-star analyst with an average return of 3.7% and a 48.2% success rate. Merkel covers the Industrial Goods sector, focusing on stocks such as Proficient Auto Logistics, Inc., Global Industrial Company, and SiteOne Landscape Supply. ;'>

Currently, the analyst consensus on QXO Inc is a Strong Buy with an average price target of $30.00.

See the top stocks recommended by analysts >>

Huron Consulting (HURN)

Barrington analyst Kevin Steinke reiterated a Buy rating on Huron Consulting today and set a price target of $207.00. The company’s shares closed last Monday at $179.08.

According to TipRanks.com, Steinke is a 5-star analyst with an average return of 14.0% and a 58.6% success rate. Steinke covers the Industrial Goods sector, focusing on stocks such as Distribution Solutions Group, Mobile Infrastructure Corp, and Icf International. ;'>

Currently, the analyst consensus on Huron Consulting is a Strong Buy with an average price target of $211.00, which is a 23.5% upside from current levels. In a report issued on December 24, Benchmark Co. also reiterated a Buy rating on the stock with a $215.00 price target.

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