There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on TPI Composites (TPIC – Research Report) and Trane Technologies (TT – Research Report) with bullish sentiments.
TPI Composites (TPIC)
TD Cowen analyst Jeff Osborne maintained a Buy rating on TPI Composites yesterday and set a price target of $8.00. The company’s shares closed last Thursday at $2.40, close to its 52-week low of $1.90.
According to TipRanks.com, Osborne is a 2-star analyst with an average return of
Currently, the analyst consensus on TPI Composites is a Moderate Buy with an average price target of $6.60, a 185.7% upside from current levels. In a report issued on October 19, J.P. Morgan also maintained a Buy rating on the stock with a $9.00 price target.
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Trane Technologies (TT)
In a report issued on November 1, Julian Mitchell from Barclays maintained a Buy rating on Trane Technologies, with a price target of $226.00. The company’s shares closed last Thursday at $213.11, close to its 52-week high of $214.78.
According to TipRanks.com, Mitchell is a 5-star analyst with an average return of
Currently, the analyst consensus on Trane Technologies is a Moderate Buy with an average price target of $227.36, representing a 5.5% upside. In a report issued on November 1, TD Cowen also maintained a Buy rating on the stock with a $235.00 price target.
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Read More on TPIC:
- TPI Composites, Inc. Announces Third Quarter 2023 Earnings Results
- TPI Composites price target lowered to $9 from $12 at JPMorgan
- TPI Composites, Inc. Announces Third Quarter 2023 Earnings Release Date and Conference Call
- TPI Composites price target lowered to $3 from $7 at Piper Sandler
- TPI Composites downgraded to Market Perform from Outperform at Raymond James
