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Analysts Offer Insights on Industrial Goods Companies: Thomson Reuters (TRI) and SKYX Platforms (SKYX)

Tipranks - Tipranks - Tue Aug 18, 5:44AM CDT

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Thomson Reuters (TRI) and SKYX Platforms (SKYX) with bullish sentiments.

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Thomson Reuters (TRI)

In a report released today, Manav Patnaik from Barclays maintained a Buy rating on Thomson Reuters, with a price target of $140.00. The company’s shares closed last Friday at $103.61.

According to TipRanks.com, Patnaik is a 4-star analyst with an average return of 2.5% and a 55.1% success rate. Patnaik covers the Industrial Goods sector, focusing on stocks such as WillScot Mobile Mini Holdings, Vestis Corporation, and Verisk Analytics. ;'>

Currently, the analyst consensus on Thomson Reuters is a Moderate Buy with an average price target of $126.47, implying a 19.1% upside from current levels. In a report issued on August 5, TipRanks – Anthropic also upgraded the stock to Buy with a C$169.00 price target.

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SKYX Platforms (SKYX)

Noble Financial analyst Joe Gomes maintained a Buy rating on SKYX Platforms on August 14 and set a price target of $5.00. The company’s shares closed last Friday at $1.12.

According to TipRanks.com, Gomes is a 5-star analyst with an average return of 11.5% and a 49.6% success rate. Gomes covers the Industrial Goods sector, focusing on stocks such as Resources Connection, Titan International, and Kelly Services. ;'>

Currently, the analyst consensus on SKYX Platforms is a Strong Buy with an average price target of $5.00.

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