Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Carrier Global (CARR – Research Report) and Patrick Industries (PATK – Research Report).
Carrier Global (CARR)
In a report issued on October 26, Timothy Wojs from Robert W. Baird assigned a Hold rating to Carrier Global, with a price target of $60.00. The company’s shares closed last Monday at $47.37.
According to TipRanks.com, Wojs is a 3-star analyst with an average return of
Currently, the analyst consensus on Carrier Global is a Hold with an average price target of $58.29, a 24.1% upside from current levels. In a report issued on October 15, Wells Fargo also maintained a Hold rating on the stock with a $55.00 price target.
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Patrick Industries (PATK)
Robert W. Baird analyst Craig Kennison maintained a Buy rating on Patrick Industries on October 26 and set a price target of $95.00. The company’s shares closed last Monday at $73.55.
According to TipRanks.com, Kennison is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Patrick Industries with a $87.20 average price target, which is a 20.3% upside from current levels. In a report issued on October 17, Truist Financial also maintained a Buy rating on the stock with a $95.00 price target.
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Read More on CARR:
- Carrier Global price target lowered to $59 from $64 at RBC Capital
- Carrier Global price target lowered to $58 from $63 at Barclays
- Carrier Reports Third Quarter 2023 Results
- Carrier Global raises FY23 adjusted EPS view to $2.70 from $2.55-$2.65
- Carrier Global reports Q3 adjusted EPS 89c, consensus 79c
