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Analysts Conflicted on These Industrial Goods Names: Dover (DOV), Lockheed Martin (LMT) and Ryder System (R)

Tipranks - Sat Apr 25, 6:34AM CDT

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Dover (DOV), Lockheed Martin (LMT) and Ryder System (R).

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Dover (DOV)

Wells Fargo analyst Joe O’Dea maintained a Buy rating on Dover today and set a price target of $255.00. The company’s shares closed last Thursday at $228.15.

According to TipRanks.com, O’Dea is a 5-star analyst with an average return of 11.6% and a 61.3% success rate. O’Dea covers the Industrial Goods sector, focusing on stocks such as Emerson Electric Company, Honeywell International, and Stanley Black & Decker. ;'>

Currently, the analyst consensus on Dover is a Moderate Buy with an average price target of $245.08, which is a 10.1% upside from current levels. In a report released yesterday, TipRanks – xAI also upgraded the stock to Buy with a $241.00 price target.

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Lockheed Martin (LMT)

Wells Fargo analyst David E. Strauss maintained a Hold rating on Lockheed Martin today and set a price target of $650.00. The company’s shares closed last Thursday at $529.79.

According to TipRanks.com, Strauss is a 5-star analyst with an average return of 12.6% and a 65.3% success rate. Strauss covers the Industrial Goods sector, focusing on stocks such as Voyager Technologies, Inc. Class A, York Space Systems, Inc., and Rolls-Royce Holdings. ;'>

Lockheed Martin has an analyst consensus of Hold, with a price target consensus of $674.15, representing a 26.3% upside. In a report released yesterday, TipRanks – xAI also downgraded the stock to Hold with a $589.00 price target.

Ryder System (R)

Wells Fargo analyst Robert Salmon maintained a Buy rating on Ryder System today and set a price target of $260.00. The company’s shares closed last Thursday at $242.59.

Salmon has an average return of 23.9% when recommending Ryder System. ;'>

According to TipRanks.com, Salmon is ranked #2848 out of 12209 analysts.

Currently, the analyst consensus on Ryder System is a Strong Buy with an average price target of $245.38, implying a 4.8% upside from current levels. In a report released yesterday, TipRanks – Google also upgraded the stock to Buy with a $261.00 price target.

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