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Analysts Are Bullish on These Industrial Goods Stocks: Vertiv Holdings (VRT), Knight Transportation (KNX)

Tipranks - Fri Apr 24, 7:22AM CDT

There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on Vertiv Holdings (VRT), Knight Transportation (KNX) and Waste Connections (WCN) with bullish sentiments.

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Vertiv Holdings (VRT)

In a report released today, Justin Clare from Roth MKM reiterated a Buy rating on Vertiv Holdings, with a price target of $335.00. The company’s shares closed last Wednesday at $305.14.

According to TipRanks.com, Clare is a 5-star analyst with an average return of 20.7% and a 59.3% success rate. Clare covers the Industrial Goods sector, focusing on stocks such as Atkore International Group, American Superconductor, and Broadwind Energy. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Vertiv Holdings with a $327.50 average price target, implying a 7.3% 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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Knight Transportation (KNX)

Goldman Sachs analyst Jordan Alliger maintained a Buy rating on Knight Transportation yesterday and set a price target of $65.00. The company’s shares closed last Wednesday at $63.98.

According to TipRanks.com, Alliger is a 4-star analyst with an average return of 9.1% and a 55.4% success rate. Alliger covers the Industrial Goods sector, focusing on stocks such as Expeditors International, Old Dominion Freight, and Schneider National. ;'>

Currently, the analyst consensus on Knight Transportation is a Strong Buy with an average price target of $69.20, implying a 6.5% upside from current levels. In a report issued on April 7, Wells Fargo also maintained a Buy rating on the stock with a $65.00 price target.

Waste Connections (WCN)

Goldman Sachs analyst Adam Bubes maintained a Buy rating on Waste Connections yesterday and set a price target of $206.00. The company’s shares closed last Wednesday at $156.51.

According to TipRanks.com, Bubes is a 4-star analyst with an average return of 11.6% and a 44.4% success rate. Bubes covers the Industrial Goods sector, focusing on stocks such as Legence Corp. Class A, Granite Construction, and Primoris Services. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Waste Connections with a $202.38 average price target, which is a 28.2% upside from current levels. In a report issued on April 10, J.P. Morgan also maintained a Buy rating on the stock with a $195.00 price target.

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