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Analysts Offer Insights on Industrial Goods Companies: QXO Inc (QXO) and Donaldson Company (DCI)

Tipranks - Sat Feb 28, 6:12AM CST

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on QXO Inc (QXOResearch Report) and Donaldson Company (DCIResearch Report).

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QXO Inc (QXO)

In a report released today, Anthony Pettinari from Citi reiterated a Buy rating on QXO Inc, with a price target of $31.00. The company’s shares closed last Thursday at $23.88, close to its 52-week low of $10.61.

According to TipRanks.com, Pettinari is a 5-star analyst with an average return of 17.1% and a 68.9% success rate. Pettinari covers the NA sector, focusing on stocks such as International Paper Co, Ardagh Metal Packaging, and Graphic Packaging. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for QXO Inc with a $33.86 average price target, which is a 38.8% upside from current levels. In a report released yesterday, William Blair also maintained a Buy rating on the stock.

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Donaldson Company (DCI)

William Blair analyst Brian Drab maintained a Hold rating on Donaldson Company today. The company’s shares closed last Thursday at $92.17.

According to TipRanks.com, Drab is a 5-star analyst with an average return of 31.4% and a 74.5% success rate. Drab covers the Industrial Goods sector, focusing on stocks such as Thermon Group Holdings, Generac Holdings, and Vertiv Holdings. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Donaldson Company with a $105.50 average price target, representing a 11.0% upside. In a report released yesterday, TipRanks – xAI also downgraded the stock to Hold with a $114.00 price target.

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