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Wall Street Analysts Are Bullish on Top Industrial Goods Picks

Tipranks - Sat Jul 25, 8:54AM CDT

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Waste Connections (WCN) and Northrop Grumman (NOC) with bullish sentiments.

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Waste Connections (WCN)

Morgan Stanley analyst Toni Kaplan maintained a Buy rating on Waste Connections today and set a price target of $205.00. The company’s shares closed last Friday at $168.23.

According to TipRanks.com, Kaplan is a 2-star analyst with an average return of 0.1% and a 52.8% success rate. Kaplan covers the Industrial Goods sector, focusing on stocks such as Verisk Analytics, ARAMARK Holdings, and Thomson Reuters. ;'>

Waste Connections has an analyst consensus of Strong Buy, with a price target consensus of $200.87, implying a 19.7% upside from current levels. In a report released yesterday, TipRanks – DeepSeek also upgraded the stock to Buy with a C$270.00 price target.

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Northrop Grumman (NOC)

Argus Research analyst Kristina Ruggeri maintained a Buy rating on Northrop Grumman yesterday and set a price target of $700.00. The company’s shares closed last Friday at $541.72, close to its 52-week high of $555.57.

According to TipRanks.com, Ruggeri is a 4-star analyst with an average return of 12.6% and a 60.6% success rate. Ruggeri covers the Industrial Goods sector, focusing on stocks such as Canadian National Railway, Honeywell International, and L3Harris Technologies. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Northrop Grumman with a $639.69 average price target, which is a 19.5% upside from current levels. In a report issued on July 21, TipRanks – OpenAI also upgraded the stock to Buy with a $576.00 price target.

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