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Analysts’ Top Industrial Goods Picks: Vertiv Holdings (VRT), Snap-on (SNA)

Tipranks - Fri Apr 24, 7:06AM CDT

There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on Vertiv Holdings (VRT), Snap-on (SNA) and Southwest Airlines (LUV) with bullish sentiments.

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Vertiv Holdings (VRT)

RBC Capital analyst Deane Dray maintained a Buy rating on Vertiv Holdings yesterday and set a price target of $356.00. The company’s shares closed last Wednesday at $305.14.

According to TipRanks.com, Dray is a 5-star analyst with an average return of 14.0% and a 64.3% success rate. Dray covers the Industrial Goods sector, focusing on stocks such as Atkore International Group, Emerson Electric Company, and Honeywell International. ;'>

Currently, the analyst consensus on Vertiv Holdings is a Strong Buy with an average price target of $318.19, which is a 4.2% upside from current levels. In a report issued on April 14, Exane BNP Paribas also initiated coverage with a Buy rating on the stock with a $345.00 price target.

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Snap-on (SNA)

Roth MKM analyst Scott Stember reiterated a Buy rating on Snap-on today and set a price target of $409.00. The company’s shares closed last Wednesday at $382.38.

According to TipRanks.com, Stember is a 4-star analyst with an average return of 7.7% and a 53.8% success rate. Stember covers the NA sector, focusing on stocks such as Standard Motor Products, Camping World Holdings, and Winnebago Industries. ;'>

Snap-on has an analyst consensus of Moderate Buy, with a price target consensus of $387.10.

Southwest Airlines (LUV)

TD Cowen analyst Thomas Fitzgerald CFA maintained a Buy rating on Southwest Airlines today and set a price target of $46.00. The company’s shares closed last Wednesday at $39.35.

According to TipRanks.com, CFA is a 4-star analyst with an average return of 12.0% and a 62.7% success rate. CFA covers the Industrial Goods sector, focusing on stocks such as Sun Country Airlines Holdings, United Airlines Holdings, and American Airlines. ;'>

Currently, the analyst consensus on Southwest Airlines is a Moderate Buy with an average price target of $48.15, representing a 18.5% upside. In a report issued on April 12, Seaport Global also reiterated a Buy rating on the stock.

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