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Analysts Offer Insights on Industrial Goods Companies: CNH Industrial (CNHI), Halliburton (HAL) and Velo3D (VLD)

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on CNH Industrial (CNHIResearch Report), Halliburton (HALResearch Report) and Velo3D (VLDResearch Report).

CNH Industrial (CNHI)

Morgan Stanley analyst Courtney Yakavonis maintained a Buy rating on CNH Industrial today and set a price target of $17.00. The company’s shares closed last Wednesday at $14.46.

According to TipRanks.com, Yakavonis is a 3-star analyst with an average return of 3.7% and a 41.1% success rate. Yakavonis covers the Industrial Goods sector, focusing on stocks such as Allison Transmission Holdings, Timken Company, and Caterpillar.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for CNH Industrial with a $16.52 average price target, a 16.0% upside from current levels. In a report released today, Oppenheimer also upgraded the stock to Buy with a $18.00 price target.

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Halliburton (HAL)

Morgan Stanley analyst Connor Lynagh maintained a Buy rating on Halliburton today and set a price target of $53.00. The company’s shares closed last Wednesday at $37.70.

According to TipRanks.com, Lynagh is a 4-star analyst with an average return of 3.9% and a 57.8% success rate. Lynagh covers the Industrial Goods sector, focusing on stocks such as Nextier Oilfield Solutions, Liberty Oilfield Services, and Baker Hughes Company.

Halliburton has an analyst consensus of Strong Buy, with a price target consensus of $43.67, a 12.5% upside from current levels. In a report issued on October 25, Goldman Sachs also maintained a Buy rating on the stock with a $40.00 price target.

Velo3D (VLD)

Credit Suisse analyst Shannon Cross maintained a Hold rating on Velo3D today and set a price target of $3.70. The company’s shares closed last Wednesday at $2.28, close to its 52-week low of $1.28.

According to TipRanks.com, Cross is a 4-star analyst with an average return of 11.2% and a 62.5% success rate. Cross covers the Technology sector, focusing on stocks such as International Business Machines, Hewlett Packard Enterprise, and TD SYNNEX Corporation.

Velo3D has an analyst consensus of Moderate Buy, with a price target consensus of $3.85.

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