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Analysts Have Conflicting Sentiments on These Industrial Goods Companies: Amentum Holdings, Inc. (AMTM) and Ralliant Corporation (RAL)

Tipranks - Thu May 14, 7:24AM CDT

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Amentum Holdings, Inc. (AMTM) and Ralliant Corporation (RAL).

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Amentum Holdings, Inc. (AMTM)

In a report released yesterday, Kenneth Herbert from RBC Capital maintained a Hold rating on Amentum Holdings, Inc., with a price target of $28.00. The company’s shares closed last Tuesday at $24.31.

According to TipRanks.com, Herbert is a top 100 analyst with an average return of 25.5% and a 66.6% success rate. Herbert covers the Industrial Goods sector, focusing on stocks such as L3Harris Technologies, Karman Holdings Inc., and AerSale Corporation. ;'>

Currently, the analyst consensus on Amentum Holdings, Inc. is a Moderate Buy with an average price target of $31.40, which is a 23.0% upside from current levels. In a report released yesterday, Morgan Stanley also initiated coverage with a Hold rating on the stock with a $30.00 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 $68.00. The company’s shares closed last Tuesday at $59.16.

According to TipRanks.com, Snyder is a 5-star analyst with an average return of 13.9% and a 60.0% success rate. Snyder covers the Industrial Goods sector, focusing on stocks such as Emerson Electric Company, Honeywell International, and Stanley Black & Decker. ;'>

Currently, the analyst consensus on Ralliant Corporation is a Moderate Buy with an average price target of $64.57, which is a 9.7% upside from current levels. In a report released yesterday, TipRanks – PerPlexity also upgraded the stock to Buy with a $55.00 price target.

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