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Wall Street Analysts Are Bullish on Top Industrial Goods Picks

Tipranks - Fri Jan 30, 4:16AM CST

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Tetra Tech (TTEKResearch Report) and United Parcel (UPSResearch Report) with bullish sentiments.

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Tetra Tech (TTEK)

In a report released today, Tim Mulrooney from William Blair reiterated a Buy rating on Tetra Tech. The company’s shares closed last Wednesday at $37.10.

According to TipRanks.com, Mulrooney is a 4-star analyst with an average return of 13.3% and a 69.1% success rate. Mulrooney covers the Industrial Goods sector, focusing on stocks such as WillScot Mobile Mini Holdings, Montrose Environmental Group, and Concrete Pumping Holdings. ;'>

Currently, the analyst consensus on Tetra Tech is a Strong Buy with an average price target of $48.00, which is a 28.5% upside from current levels. In a report released today, TipRanks – OpenAI also upgraded the stock to Buy with a $41.00 price target.

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United Parcel (UPS)

In a report released today, Zoe Zhang from DBS maintained a Buy rating on United Parcel, with a price target of $130.00. The company’s shares closed last Wednesday at $103.70.

According to TipRanks.com, Zhang is ranked #7985 out of 12040 analysts.

Currently, the analyst consensus on United Parcel is a Moderate Buy with an average price target of $112.35, implying a 4.5% upside from current levels. In a report issued on January 27, TipRanks – OpenAI also upgraded the stock to Buy with a $119.00 price target.

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