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Analysts Offer Insights on Industrial Goods Companies: QXO Inc (QXO), Tetra Tech (TTEK) and MSA Safety (MSA)

Tipranks - Tipranks - Wed Jun 3, 12:44PM CDT

There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on QXO Inc (QXO), Tetra Tech (TTEK) and MSA Safety (MSA) with bullish sentiments.

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QXO Inc (QXO)

In a report released today, Ryan Merkel from William Blair maintained a Buy rating on QXO Inc. The company’s shares closed last Tuesday at $16.20, close to its 52-week low of $10.61.

According to TipRanks.com, Merkel is a 4-star analyst with an average return of 4.9% and a 50.7% success rate. Merkel covers the Industrial Goods sector, focusing on stocks such as Madison Air Solutions Corp. Class A, Proficient Auto Logistics, Inc., and Global Industrial Company. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for QXO Inc with a $32.10 average price target.

See the top stocks recommended by analysts >>

Tetra Tech (TTEK)

In a report released today, Tim Mulrooney from William Blair maintained a Buy rating on Tetra Tech. The company’s shares closed last Tuesday at $27.15.

According to TipRanks.com, Mulrooney is a 3-star analyst with an average return of 5.1% and a 42.4% success rate. Mulrooney covers the Industrial Goods sector, focusing on stocks such as WillScot Mobile Mini Holdings, Concrete Pumping Holdings, and BrightView Holdings. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Tetra Tech with a $41.50 average price target, which is a 47.3% upside from current levels. In a report issued on May 18, TipRanks – OpenAI also reiterated a Buy rating on the stock with a $29.00 price target.

MSA Safety (MSA)

William Blair analyst Ross Sparenblek maintained a Buy rating on MSA Safety today. The company’s shares closed last Tuesday at $163.26.

According to TipRanks.com, Sparenblek is a 4-star analyst with an average return of 18.9% and a 71.2% success rate. Sparenblek covers the Industrial Goods sector, focusing on stocks such as Mayville Engineering Company, Standex International, and Enerpac Tool Group. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for MSA Safety with a $199.00 average price target.

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