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Analysts Are Bullish on These Industrial Goods Stocks: SKYX Platforms (SKYX), Hudson Global (STRR)

Tipranks - Thu May 14, 8:12AM CDT

There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on SKYX Platforms (SKYX), Hudson Global (STRR) and T1 Energy (TE) with bullish sentiments.

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SKYX Platforms (SKYX)

In a report released today, Thomas Hayes from Roth MKM reiterated a Buy rating on SKYX Platforms, with a price target of $5.00. The company’s shares closed last Tuesday at $1.14.

According to TipRanks.com, Hayes is a 3-star analyst with an average return of 1.6% and a 46.6% success rate. Hayes covers the Industrial Goods sector, focusing on stocks such as Lincoln Electric Holdings, Enerpac Tool Group, and ESAB Corporation. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for SKYX Platforms with a $4.50 average price target, which is a 257.1% upside from current levels. In a report released yesterday, Noble Financial also maintained a Buy rating on the stock with a $5.00 price target.

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Hudson Global (STRR)

In a report released today, Joe Gomes from Noble Financial maintained a Buy rating on Hudson Global, with a price target of $16.00. The company’s shares closed last Tuesday at $9.77.

According to TipRanks.com, Gomes is a 4-star analyst with an average return of 8.0% and a 46.3% success rate. Gomes covers the Industrial Goods sector, focusing on stocks such as Resources Connection, Titan International, and Kelly Services. ;'>

Hudson Global has an analyst consensus of Moderate Buy, with a price target consensus of $22.00.

T1 Energy (TE)

In a report released today, Philip Shen from Roth MKM reiterated a Buy rating on T1 Energy, with a price target of $10.00. The company’s shares closed last Tuesday at $5.85.

According to TipRanks.com, Shen is a 5-star analyst with an average return of 11.2% and a 45.1% success rate. Shen covers the Technology sector, focusing on stocks such as Shoals Technologies Group, SolarEdge Technologies, and Array Technologies. ;'>

T1 Energy has an analyst consensus of Strong Buy, with a price target consensus of $8.38, a 28.9% upside from current levels. In a report issued on April 30, Needham also maintained a Buy rating on the stock with a $8.00 price target.

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