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Analysts Offer Insights on Industrial Goods Companies: Alaska Air (ALK) and Waste Management (WM)

Tipranks - Fri Mar 13, 8:02AM CDT

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Alaska Air (ALKResearch Report) and Waste Management (WMResearch Report) with bullish sentiments.

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Alaska Air (ALK)

Evercore ISI analyst Duane Pfennigwerth reiterated a Buy rating on Alaska Air today and set a price target of $65.00. The company’s shares closed last Wednesday at $41.32.

According to TipRanks.com, Pfennigwerth is a 4-star analyst with an average return of 4.6% and a 51.9% success rate. Pfennigwerth covers the Industrial Goods sector, focusing on stocks such as Controladora Vuela Compania de Aviacion SAB de CV, Grupo Aeromexico, S.A.B. de C.V. Unsponsored ADR, and Allegiant Travel Company. ;'>

Alaska Air has an analyst consensus of Strong Buy, with a price target consensus of $69.40, representing a 64.7% upside. In a report issued on March 9, TD Cowen also maintained a Buy rating on the stock with a $54.00 price target.

See the top stocks recommended by analysts >>

Waste Management (WM)

Goldman Sachs analyst Adam Bubes reiterated a Buy rating on Waste Management today and set a price target of $256.00. The company’s shares closed last Wednesday at $236.50.

According to TipRanks.com, Bubes is a 4-star analyst with an average return of 11.8% and a 60.0% success rate. Bubes covers the Industrial Goods sector, focusing on stocks such as Legence Corp. Class A, Granite Construction, and Primoris Services. ;'>

Waste Management has an analyst consensus of Moderate Buy, with a price target consensus of $252.29, which is a 7.3% upside from current levels. In a report issued on February 26, Bernstein also maintained a Buy rating on the stock with a $260.00 price target.

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