Analysts Have Conflicting Sentiments on These Industrial Goods Companies: Upwork (UPWK), Shyft Group (SHYF) and Arlo Technologies (ARLO)

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Upwork (UPWK – Research Report), Shyft Group (SHYF – Research Report) and Arlo Technologies (ARLO – Research Report).

Upwork (UPWK)

BTIG analyst Marvin Fong maintained a Hold rating on Upwork yesterday. The company’s shares closed last Tuesday at $14.48, close to its 52-week high of $15.95.

According to TipRanks.com, Fong is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -9.3% and a 38.7% success rate. Fong covers the NA sector, focusing on stocks such as Mercadolibre, Beyond Inc, and Farfetch.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Upwork with a $16.50 average price target.

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Shyft Group (SHYF)

BTIG analyst Gregory Lewis maintained a Hold rating on Shyft Group yesterday. The company’s shares closed last Tuesday at $12.15, close to its 52-week low of $10.39.

According to TipRanks.com, Lewis is a 1-star analyst with an average return of -1.2% and a 47.4% success rate. Lewis covers the Industrial Goods sector, focusing on stocks such as Eagle Bulk Shipping, Golden Ocean Group, and Chart Industries.

The word on The Street in general, suggests a Hold analyst consensus rating for Shyft Group with a $12.00 average price target.

Arlo Technologies (ARLO)

Lake Street analyst Jacob Stephan maintained a Buy rating on Arlo Technologies today and set a price target of $14.00. The company’s shares closed last Tuesday at $9.20.

According to TipRanks.com, Stephan is a 4-star analyst with an average return of 16.5% and a 74.1% success rate. Stephan covers the Technology sector, focusing on stocks such as Markforged Holding, Alkami Technology, and Fathom Digital.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Arlo Technologies with a $14.67 average price target.

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