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Analysts Offer Insights on Industrial Goods Companies: Nordson (NDSN) and Wabash National (WNC)

Tipranks - Fri May 22, 8:44AM CDT

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Nordson (NDSN) and Wabash National (WNC).

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Nordson (NDSN)

In a report released today, Matt Summerville from D.A. Davidson maintained a Buy rating on Nordson. The company’s shares closed last Thursday at $283.03.

According to TipRanks.com, Summerville is a 5-star analyst with an average return of 15.5% and a 52.2% success rate. Summerville covers the Industrial Goods sector, focusing on stocks such as Napco Security Technologies, A. O. Smith Corporation, and Alta Equipment Group. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Nordson with a $328.33 average price target, representing a 18.9% upside. In a report released today, TipRanks – PerPlexity also reiterated a Buy rating on the stock with a $316.00 price target.

See today’s best-performing stocks on TipRanks >>

Wabash National (WNC)

In a report released today, Michael Shlisky from D.A. Davidson maintained a Hold rating on Wabash National. The company’s shares closed last Thursday at $6.85.

According to TipRanks.com, Shlisky is a 4-star analyst with an average return of 5.2% and a 46.7% success rate. Shlisky covers the Industrial Goods sector, focusing on stocks such as Mayville Engineering Company, Aebi Schmidt Holding AG, and Custom Truck One Source. ;'>

Wabash National has an analyst consensus of Hold.

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