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Analysts Are Bullish on These Industrial Goods Stocks: Ralliant Corporation (RAL), EquipmentShare.com, Inc. (EQPT)

Tipranks - Fri May 15, 7:24AM CDT

There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on Ralliant Corporation (RAL), EquipmentShare.com, Inc. (EQPT) and Masco (MAS) with bullish sentiments.

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Ralliant Corporation (RAL)

In a report released today, Christopher Snyder from Morgan Stanley maintained a Buy rating on Ralliant Corporation, with a price target of $68.00. The company’s shares closed last Wednesday at $61.36, close to its 52-week high of $62.35.

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, a 6.1% upside from current levels. In a report issued on May 12, TipRanks – PerPlexity also upgraded the stock to Buy with a $55.00 price target.

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EquipmentShare.com, Inc. (EQPT)

In a report released today, Jamie Cook from Truist Financial maintained a Buy rating on EquipmentShare.com, Inc.. The company’s shares closed last Wednesday at $25.95.

According to TipRanks.com, Cook is a 5-star analyst with an average return of 19.3% and a 70.2% success rate. Cook covers the Industrial Goods sector, focusing on stocks such as Illinois Tool Works, Aecom Technology, and Jacobs Solutions. ;'>

EquipmentShare.com, Inc. has an analyst consensus of Moderate Buy, with a price target consensus of $40.13.

Masco (MAS)

Truist Financial analyst Keith Hughes maintained a Buy rating on Masco today. The company’s shares closed last Wednesday at $67.48, close to its 52-week low of $63.81.

According to TipRanks.com, Hughes is a 5-star analyst with an average return of 17.6% and a 60.5% success rate. Hughes covers the Industrial Goods sector, focusing on stocks such as Fortune Brands Innovations, SiteOne Landscape Supply, and Builders Firstsource. ;'>

Currently, the analyst consensus on Masco is a Moderate Buy with an average price target of $80.77, which is a 17.1% upside from current levels. In a report issued on May 8, Wells Fargo also maintained a Buy rating on the stock with a $82.00 price target.

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