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Analysts’ Top Industrial Goods Picks: Symbotic (SYM), Allegiant Travel Company (ALGT)

Tipranks - Fri Feb 6, 8:02AM CST

Analysts fell to the sidelines weighing in on Symbotic (SYMResearch Report) and Allegiant Travel Company (ALGTResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

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Symbotic (SYM)

William Blair analyst Ross Sparenblek maintained a Hold rating on Symbotic today. The company’s shares closed last Wednesday at $53.48.

According to TipRanks.com, Sparenblek is a 4-star analyst with an average return of 20.2% and a 82.7% success rate. Sparenblek covers the Industrial Goods sector, focusing on stocks such as Standex International, Enerpac Tool Group, and Federal Signal. ;'>

Currently, the analyst consensus on Symbotic is a Moderate Buy with an average price target of $67.22, a 20.9% upside from current levels. In a report issued on January 22, TipRanks – DeepSeek also initiated coverage with a Hold rating on the stock with a $67.00 price target.

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Allegiant Travel Company (ALGT)

Morgan Stanley analyst Ravi Shanker maintained a Hold rating on Allegiant Travel Company today and set a price target of $100.00. The company’s shares closed last Wednesday at $99.86, close to its 52-week high of $107.57.

According to TipRanks.com, Shanker is a 1-star analyst with an average return of -0.1% and a 49.2% success rate. Shanker covers the Industrial Goods sector, focusing on stocks such as Canadian Pacific Kansas City, Canadian National Railway, and Expeditors International. ;'>

Currently, the analyst consensus on Allegiant Travel Company is a Moderate Buy with an average price target of $100.17, a 6.2% upside from current levels. In a report released today, UBS also maintained a Hold rating on the stock with a $102.00 price target.

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