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Analysts Offer Insights on Industrial Goods Companies: Bluelinx Holdings (BXC) and Holley (HLLY)

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Bluelinx Holdings (BXCResearch Report) and Holley (HLLYResearch Report).

Bluelinx Holdings (BXC)

D.A. Davidson analyst Kurt Yinger maintained a Buy rating on Bluelinx Holdings today. The company’s shares closed last Tuesday at $96.45, close to its 52-week high of $98.33.

According to TipRanks.com, Yinger is a 5-star analyst with an average return of 27.5% and a 82.0% success rate. Yinger covers the Industrial Goods sector, focusing on stocks such as Simpson Manufacturing Co, Builders Firstsource, and UFP Industries.

Currently, the analyst consensus on Bluelinx Holdings is a Strong Buy with an average price target of $105.00, which is a 12.0% upside from current levels. In a report released yesterday, Craig-Hallum also assigned a Buy rating to the stock.

See the top stocks recommended by analysts >>

Holley (HLLY)

D.A. Davidson analyst Michael Baker maintained a Hold rating on Holley today. The company’s shares closed last Tuesday at $6.25.

According to TipRanks.com, Baker is a 5-star analyst with an average return of 6.7% and a 62.7% success rate. Baker covers the NA sector, focusing on stocks such as Dick’s Sporting Goods, Jerash Holdings (US), and Advance Auto Parts.

Holley has an analyst consensus of Strong Buy, with a price target consensus of $6.04.

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