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Analysts Offer Insights on Industrial Goods Companies: Generac Holdings (GNRC) and Symbotic (SYM)

Tipranks - Tipranks - Thu Jun 4, 6:20AM CDT

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Generac Holdings (GNRC) and Symbotic (SYM).

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Generac Holdings (GNRC)

Citi analyst Vikram Bagri maintained a Hold rating on Generac Holdings yesterday and set a price target of $263.00. The company’s shares closed last Tuesday at $284.58.

According to TipRanks.com, Bagri is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -22.0% and a 36.3% success rate. Bagri covers the NA sector, focusing on stocks such as Marathon Petroleum, Delek US Holdings, and Centrus Energy. ;'>

Generac Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $274.25, which is a -5.4% downside from current levels. In a report issued on May 26, Guggenheim also reiterated a Hold rating on the stock.

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Symbotic (SYM)

Citi analyst Andrew Kaplowitz maintained a Buy rating on Symbotic today and set a price target of $70.00. The company’s shares closed last Tuesday at $49.09.

According to TipRanks.com, Kaplowitz is a top 100 analyst with an average return of 26.7% and a 68.0% success rate. Kaplowitz covers the Industrial Goods sector, focusing on stocks such as Madison Air Solutions Corp. Class A, Mayville Engineering Company, and Atkore International Group. ;'>

Symbotic has an analyst consensus of Moderate Buy, with a price target consensus of $66.89, a 38.4% upside from current levels. In a report issued on May 20, TipRanks – xAI also upgraded the stock to Buy with a $52.00 price target.

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