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Analysts Are Bullish on These Industrial Goods Stocks: T1 Energy (TE), Amentum Holdings, Inc. (AMTM)

Tipranks - Tipranks - Fri May 15, 6:36AM CDT

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on T1 Energy (TE) and Amentum Holdings, Inc. (AMTM) with bullish sentiments.

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T1 Energy (TE)

Alliance Global Partners analyst Jake Sekelsky reiterated a Buy rating on T1 Energy today and set a price target of $8.50. The company’s shares closed last Wednesday at $5.61.

According to TipRanks.com, Sekelsky is a 5-star analyst with an average return of 35.7% and a 54.2% success rate. Sekelsky covers the Basic Materials sector, focusing on stocks such as Tanzanian Royalty Exploration, TMC the metals company Inc., and United States Antimony. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for T1 Energy with a $8.38 average price target, a 41.1% 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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Amentum Holdings, Inc. (AMTM)

In a report released today, Andre Madrid from BTIG reiterated a Buy rating on Amentum Holdings, Inc., with a price target of $35.00. The company’s shares closed last Wednesday at $23.15.

According to TipRanks.com, Madrid is a 5-star analyst with an average return of 36.2% and a 74.6% success rate. Madrid covers the Industrial Goods sector, focusing on stocks such as BETA Technologies, Inc. Class A, Carpenter Technology, and StandardAero, Inc. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Amentum Holdings, Inc. with a $31.40 average price target, representing a 27.9% upside. In a report issued on May 12, TipRanks – PerPlexity also upgraded the stock to Buy with a $26.00 price target.

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