Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Carrier Global (CARR – Research Report), XPO (XPO – Research Report) and Terex (TEX – Research Report).
Carrier Global (CARR)
In a report released today, Andrew Obin from Bank of America Securities maintained a Sell rating on Carrier Global, with a price target of $55.00. The company’s shares closed last Tuesday at $52.90.
According to TipRanks.com, Obin is a 5-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Carrier Global with a $60.21 average price target, representing a 14.3% upside. In a report issued on October 6, J.P. Morgan also downgraded the stock to Sell with a $53.00 price target.
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XPO (XPO)
In a report released today, Scott Schneeberger from Oppenheimer maintained a Buy rating on XPO, with a price target of $88.00. The company’s shares closed last Tuesday at $76.96, close to its 52-week high of $80.42.
According to TipRanks.com, Schneeberger is a 5-star analyst with an average return of
Currently, the analyst consensus on XPO is a Moderate Buy with an average price target of $82.11, implying an 8.9% upside from current levels. In a report issued on October 4, Barclays also maintained a Buy rating on the stock with a $85.00 price target.
Terex (TEX)
In a report released today, Michael Feniger from Bank of America Securities reiterated a Hold rating on Terex, with a price target of $57.00. The company’s shares closed last Tuesday at $54.23.
According to TipRanks.com, Feniger is a 5-star analyst with an average return of
Currently, the analyst consensus on Terex is a Moderate Buy with an average price target of $65.20, implying a 21.8% upside from current levels. In a report issued on October 4, Robert W. Baird also maintained a Hold rating on the stock with a $55.00 price target.
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Read More on CARR:
- Carrier Board of Directors Declares Quarterly Cash Dividend
- Carrier Global call volume above normal and directionally bullish
- Carrier Global downgraded to Underperform from Peer Perform at Wolfe Research
- Carrier Global price target lowered to $55 from $60 at Wells Fargo
- Buy/Sell: Wall Street’s top 10 stock calls this week
