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Analysts Conflicted on These Industrial Goods Names: Masco (MAS) and Symbotic (SYM)

Tipranks - Tue May 12, 7:24AM CDT

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Masco (MAS) and Symbotic (SYM).

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Masco (MAS)

In a report issued on May 8, Michael Dahl from RBC Capital maintained a Hold rating on Masco, with a price target of $72.00. The company’s shares closed last Friday at $71.74.

According to TipRanks.com, Dahl is a 5-star analyst with an average return of 9.7% and a 59.8% success rate. Dahl covers the Industrial Goods sector, focusing on stocks such as Fortune Brands Innovations, SiteOne Landscape Supply, and Builders Firstsource. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Masco with a $81.43 average price target, a 12.8% upside from current levels. In a report issued on April 23, TipRanks – PerPlexity also downgraded the stock to Hold with a $81.00 price target.

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Symbotic (SYM)

In a report released today, Matt Summerville from D.A. Davidson maintained a Buy rating on Symbotic, with a price target of $70.00. The company’s shares closed last Friday at $52.29.

According to TipRanks.com, Summerville is a 5-star analyst with an average return of 17.7% and a 55.8% success rate. Summerville covers the Industrial Goods sector, focusing on stocks such as Napco Security Technologies, A. O. Smith Corporation, and Franklin Electric Co. ;'>

Currently, the analyst consensus on Symbotic is a Moderate Buy with an average price target of $66.57, which is a 16.2% upside from current levels. In a report issued on May 7, TipRanks – OpenAI also upgraded the stock to Buy with a $67.00 price target.

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