Wall Street Analysts Are Bullish on Top Industrial Goods Picks
There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on United Parcel (UPS – Research Report) and Archer Aviation (ACHR – Research Report) with bullish sentiments.
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United Parcel (UPS)
In a report issued on February 20, Ariel Rosa from Citi maintained a Buy rating on United Parcel, with a price target of $120.00. The company’s shares closed last Friday at $116.73, close to its 52-week low of $109.40.
According to TipRanks.com, Rosa is a 5-star analyst with an average return of
Currently, the analyst consensus on United Parcel is a Moderate Buy with an average price target of $112.74, which is a -2.0% downside from current levels. In a report issued on February 6, TipRanks – xAI also downgraded the stock to Buy with a $129.00 price target.
See the top stocks recommended by analysts >>
Archer Aviation (ACHR)
In a report released today, Savanthi Syth from Raymond James maintained a Buy rating on Archer Aviation, with a price target of $13.00. The company’s shares closed last Friday at $6.93.
According to TipRanks.com, Syth is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Archer Aviation with a $11.50 average price target.
