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Analysts Offer Insights on Industrial Goods Companies: Cleanaway Waste Management (OtherTSPCF) and NuScale Power (SMR)

Tipranks - Sat Feb 28, 1:56AM CST

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Cleanaway Waste Management (TSPCFResearch Report) and NuScale Power (SMRResearch Report).

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Cleanaway Waste Management (TSPCF)

RBC Capital analyst Owen Birrell reiterated a Buy rating on Cleanaway Waste Management yesterday and set a price target of A$3.50. The company’s shares closed last Wednesday at $1.74.

According to TipRanks.com, Birrell is a 4-star analyst with an average return of 9.9% and a 62.2% success rate. Birrell covers the Industrial Goods sector, focusing on stocks such as Qantas Airways Limited, Aurizon Holdings, and Transurban Group. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Cleanaway Waste Management with a $2.25 average price target, representing a 29.3% upside. In a report released today, Morgans also maintained a Buy rating on the stock with a A$3.11 price target.

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NuScale Power (SMR)

NuScale Power received a Hold rating from TD Cowen analyst Marc Bianchi yesterday. The company’s shares closed last Thursday at $13.33.

According to TipRanks.com, Bianchi is a 4-star analyst with an average return of 5.1% and a 48.7% success rate. Bianchi covers the NA sector, focusing on stocks such as Oceaneering International, Baker Hughes Company, and Helmerich & Payne. ;'>

Currently, the analyst consensus on NuScale Power is a Moderate Buy with an average price target of $21.19, which is a 63.8% upside from current levels. In a report issued on February 23, Barclays also maintained a Hold rating on the stock with a $15.00 price target.

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