Analysts’ Opinions Are Mixed on These Industrial Goods Stocks: ITT (ITT), Symbotic (SYM) and Regal Rexnord (RRX)
Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on ITT (ITT), Symbotic (SYM) and Regal Rexnord (RRX).
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ITT (ITT)
Barclays analyst Julian Mitchell maintained a Hold rating on ITT today and set a price target of $230.00. The company’s shares closed last Wednesday at $216.63.
According to TipRanks.com, Mitchell is a 5-star analyst with an average return of
ITT has an analyst consensus of Strong Buy, with a price target consensus of $243.71, which is a 10.3% upside from current levels. In a report released yesterday, TipRanks – Anthropic also downgraded the stock to Hold with a $227.00 price target.
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Symbotic (SYM)
Barclays analyst Guy Hardwick maintained a Sell rating on Symbotic today and set a price target of $44.00. The company’s shares closed last Wednesday at $61.16.
According to TipRanks.com, Hardwick is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Symbotic with a $66.40 average price target.
Regal Rexnord (RRX)
In a report released today, Jeffrey Hammond from KeyBanc reiterated a Buy rating on Regal Rexnord, with a price target of $265.00. The company’s shares closed last Wednesday at $231.37.
According to TipRanks.com, Hammond 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 Regal Rexnord with a $242.00 average price target, implying a 6.8% upside from current levels. In a report issued on April 23, Barclays also maintained a Buy rating on the stock with a $245.00 price target.
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