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Analysts Are Bullish on Top Industrial Goods Stocks: Transdigm Group (TDG), GPGI (GPGI)

Tipranks - Wed Feb 4, 8:18AM CST

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Transdigm Group (TDGResearch Report) and GPGI (GPGIResearch Report) with bullish sentiments.

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Transdigm Group (TDG)

In a report released today, Gautam Khanna from TD Cowen maintained a Buy rating on Transdigm Group, with a price target of $1565.00. The company’s shares closed last Monday at $1435.52, close to its 52-week high of $1451.32.

According to TipRanks.com, Khanna is a top 25 analyst with an average return of 21.3% and a 75.7% success rate. Khanna covers the Industrial Goods sector, focusing on stocks such as Honeywell International, L3Harris Technologies, and Carpenter Technology. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Transdigm Group with a $1633.23 average price target, a 14.2% upside from current levels. In a report issued on January 20, Goldman Sachs also maintained a Buy rating on the stock with a $1871.00 price target.

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GPGI (GPGI)

Lake Street analyst Jacob Stephan reiterated a Buy rating on GPGI today and set a price target of $25.00. The company’s shares closed last Monday at $24.07.

According to TipRanks.com, Stephan is a 5-star analyst with an average return of 25.3% and a 54.3% success rate. Stephan covers the Technology sector, focusing on stocks such as Priority Technology Holdings, Sequans Communications S A, and Research Solutions. ;'>

GPGI has an analyst consensus of Strong Buy, with a price target consensus of $26.00.

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