Analysts Offer Insights on Industrial Goods Companies: Transcat (TRNS) and Ralliant Corporation (RAL)
There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Transcat (TRNS) and Ralliant Corporation (RAL) with bullish sentiments.
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Transcat (TRNS)
Lake Street analyst Max Michaelis maintained a Buy rating on Transcat today and set a price target of $105.00. The company’s shares closed last Thursday at $80.52, close to its 52-week low of $67.56.
According to TipRanks.com, Michaelis is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Transcat with a $100.00 average price target.
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Ralliant Corporation (RAL)
Morgan Stanley analyst Christopher Snyder maintained a Buy rating on Ralliant Corporation today and set a price target of $45.00. The company’s shares closed last Thursday at $44.50.
According to TipRanks.com, Snyder is a 4-star analyst with an average return of
Ralliant Corporation has an analyst consensus of Moderate Buy, with a price target consensus of $48.88.
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